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Archive - 10/2/2026 - 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 the negative week for the Dow Jones (^DJI). During the week, the ^DJI dropped -651.66 points, or -1.26%, and closed at 51176.96 on Friday, October 2, 2026. Weekly volume was -9% 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 41164.55 and resistance is at 53949.81. 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 49584.33 and resistance is at 56170.14. 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 technical indicators are neutral. 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 (55111.44) 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. The daily MACD line is below its signal line since August 14, 2026. The distance between MACD and the signal line is low and getting smaller. A Parabolic SAR (stop and reversal) indicator (51387.24) comes close to the price (51176.96). It indicates that the trend is getting weaker. 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.
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