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Archive - 10/9/2026 - Sign In to see current Signals. |
Dow Jones (^DJI) Technical Analysis
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| Summary:
| | Weekly : | | Daily :    Move cursor over the icon to see details.
| | It was a first positive week for the Dow Jones (^DJI). During the week, the ^DJI climbed 477.99 points, or 0.93%, and closed at 51654.95 on Friday, October 9, 2026. It was the best weekly gain since August 7, 2026. Weekly volume was -22% below average.
Long-term trend: [See ^DJI long-term trend chart] A long-term uptrend had started on October 13, 2022 at 28660.94 and reached 54744.33 on August 5, 2026. ^DJI gained -26083.39 points, or -91.01%, in 198 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 41224.05 and resistance is at 54050.17. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See ^DJI medium-term trend chart] A medium-term uptrend had started on April 7, 2025 at 36611.78 and reached 54744.33 on August 5, 2026. ^DJI gained -18132.55 points, or -49.53%, in 69 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 49757.93 and resistance is at 56343.75. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a medium-term trend.
Weekly Technical Indicators: [See ^DJI weekly technical indicators chart] Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is below its signal line since September 4, 2026. Use the following link to access a MACD help.
Short-term trend: [See ^DJI short-term trend chart] A short-term uptrend had started on March 30, 2026 at 45057.28 and reached 54744.33 on August 5, 2026. ^DJI gained -9687.05 points, or -21.50%, in 128 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (55489.88) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a short-term trend.
Daily Technical Indicators: [See ^DJI daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The price is close to the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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