Dow Index Price Chart Trends and Technical Patterns
DJI Index | 44,911 188.59 0.42% |
Dow Jones Index Momentum Indicator Charts
Despite being surrounded by normalized and non-normalized data, technical analysis and forecasting of Dow provide a lot of insight regarding the behavior of crowds concerning fear and greed. Investors that are interested in a particular instrument, such as Dow Jones, can be considered to be 'the market' for Dow Jones instruments. The emotional state of those investors is what determines the price for Dow Jones. If more investors feel that the Dow Jones Index will rise, it most likely will increase; and if more investors feel that the Dow price will fall, then it will fall. Thus, a index's price change over time is the most accurate record of the emotional state (i.e., the fear and the greed) of the market for that instrument, and thus, technical analysis is, at its core, a study of crowd behavior. Our charting interfaces help investors to find opportunities and time the market. Dow Jones price plot provides a helpful view of the trending direction of the price but hides some likely useful information from an investor. The Dow Jones' momentum indicator charts help investors identify opportunities when the price moves upward or downward. Traders can also locate a price movement's strength using a momentum indicator line in a price chart. Usually, the formula for price momentum indicators compares the most recent closing price to a previous closing price from any time frame. The momentum indicator is typically displayed as a single line in a different section of a chart than the price line or bars.Dow Jones Index Peer indicators
Technical peer comparison is one of the most widely used and accepted methods of index analysis among chartists. It analyses Dow Jones' direct or indirect competition against its essential technical indicators to detect undervalued index instruments with similar characteristics or determine the index that would be a good addition to a portfolio. Peer analysis of Dow Jones could also be used in its relative valuation, which is a method of valuing Dow Jones by comparing different technical metrics with those of similar instruments.
Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
DJI | 0.57 | 0.00 | 0.00 | 0.00 | 0.43 | 1.06 | 4.43 | |||
CPRX | 1.51 | 0.00 | 0.00 | 0.13 | 1.73 | 3.42 | 9.53 | |||
SPHR | 2.13 | (0.36) | 0.00 | (0.15) | 0.00 | 5.06 | 14.27 | |||
NCMI | 1.56 | 0.08 | (0.03) | (0.17) | 2.43 | 3.49 | 14.85 | |||
INKT | 1.75 | (0.16) | 0.00 | (0.22) | 0.00 | 4.05 | 12.30 | |||
TCRX | 2.84 | (0.20) | 0.00 | (0.60) | 0.00 | 6.10 | 17.54 | |||
MNMD | 3.56 | 0.21 | 0.12 | 0.20 | 3.55 | 9.76 | 24.75 | |||
WB | 2.81 | 0.44 | 0.10 | 1.96 | 3.17 | 7.48 | 23.98 | |||
SPMMF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
- Analyze a chart of Dow Jones' index price history.
- Study the chart to identify trends in Dow Jones' index prices over time.
- Look for patterns such as uptrends, downtrends, and consolidations, and take note of any significant events that may have affected the price of the index.
- Use technical indicators, such as moving averages and trend lines, to further understand the Dow Jones' price action. These tools can help you determine the index's support and resistance levels and momentum.
- Consider the Dow Jones' volume data, which can provide insight into the index's buying and selling activity level. High volume typically indicates a high level of interest in the index, which can be a bullish sign.
- Look at news and events that may be affecting Dow Jones' index price. Keep up to date on the Index's financial performance, as well as any regulatory changes or macroeconomic events that may impact the price.