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Advanced TA SearchArchive - 8/7/2026 - 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 second positive week after 3 consecutive negative weeks for the Dow Jones (^DJI). During the week, the ^DJI gained 1551.90 points, or 2.96%, and closed at 54036.93 on Friday, August 7, 2026. Weekly volume was -6% 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 price is near the trend resistance line (53167.07). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
Medium-term trend: [See ^DJI medium-term trend chart] A medium-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 18 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 52281.01 and resistance is at 54217.10. 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 Relative Strength Index is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Relative Strength Index or strongly overbought weekly Williams' Percentage Range. Weekly Lane's Stochastic and MACD have bearish divergence. Use the following links to access the Lane's Stochastic and MACD help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic and MACD bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help. The weekly MACD line is above its signal line since May 8, 2026. This is an indication that the medium-term trend is up. 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 July 23, 2026 at 51542.06 and reached 54744.33 on August 5, 2026. ^DJI gained -3202.27 points, or -6.21%, in 13 days. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See ^DJI daily technical indicators chart] Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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