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Archive
- 4/17/2025 -
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DIAMONDS Trust, Series 1 (DIA) Technical Analysis
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| Summary:
| | | Weekly : | | Daily : 
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| | It was the negative week for the DIAMONDS Trust, Series 1 (DIA). During the week, the DIA dropped -10.54 points, or -2.62%, and closed at 391.36 on Thursday, April 17, 2025. DIA was trading at average weekly trading volume.
 Long-term trend: [See DIA long-term trend chart]
A long-term uptrend had started on October 13, 2022 at 286.62 and reached 451.55 on December 4, 2024. DIA gained -164.93 points, or -57.54%, in 111 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 374.80 and resistance is at 477.01. 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 DIA medium-term trend chart]
A medium-term downtrend had started on December 4, 2024 at 451.55 and reached 366.30 on April 7, 2025. DIA lost 85.25 points, or 18.88%, in 17 weeks. The price is now at the 29.40% retracement level.
 Weekly Technical Indicators: [See DIA weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since December 20, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
 Short-term trend: [See DIA short-term trend chart]
A short-term uptrend had started on April 7, 2025 at 366.30 and reached 408.02 on April 15, 2025. DIA gained -41.72 points, or -11.39%, in 8 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Daily Technical Indicators: [See DIA 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 distance between the Bollinger Bands is 166.95% higher then one year average. It indicates the period of high volatility of the stock price. 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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