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Advanced TA SearchArchive - 5/22/2026 - 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 gained 1053.53 points, or 2.13%, and closed at 50579.70 on Friday, May 22, 2026. ^DJI was trading at average weekly trading volume.
Long-term trend: [See ^DJI long-term trend chart] A long-term uptrend had started on October 13, 2022 at 28660.94 and reached 50830.24 on May 22, 2026. ^DJI gained -22169.30 points, or -77.35%, in 188 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 40081.66 and resistance is at 52123.41. 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 March 30, 2026 at 45057.28 and reached 50830.24 on May 22, 2026. ^DJI gained -5772.96 points, or -12.81%, in 7 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (49209.28) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 resistance line in a medium-term trend.
Weekly Technical Indicators: [See ^DJI weekly technical indicators chart] Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. 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 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. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 April 29, 2026 at 48708.57 and reached 50830.24 on May 22, 2026. ^DJI gained -2121.67 points, or -4.36%, in 23 days. The chart has formed a Rising Channel chart pattern.
Daily Technical Indicators: [See ^DJI daily technical indicators chart] Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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.
Candlestick pattern: [See ^DJI candlestick chart pattern] On Friday the chart has formed a Bearish Deliberation Candlestick pattern. This pattern occurs in an uptrend;it appears after a sustained upward move and suggests that the rally is losing strength and a reversal is possible. The reliability of the Bearish Deliberation pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Deliberation Candlestick pattern during the last week.
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