Free Dow Jones Industrial Average (DJI) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Neutral Neutral Hold
Last Update / Period
20 Nov / Daily
Category/Currency
Indexes/USD
Exchange/Country
DJI/--

Dow Jones Industrial Average (DJI) signal with technical analysis on 20 Nov

On 20 Nov, we conducted a comprehensive technical analysis of Dow Jones Industrial Average (DJI), considering 256 signals with intricate details. Here are the key findings: 74 signals suggested buy strategies, while 94 indicated sell strategies. The remaining 88 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 6
Sell Signals: 31
Neutral Signals: 27
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 18
Sell Signals: 24
Neutral Signals: 22
Result: This strategy leads to a Neutral position.

Strategy 3:
Buy Signals: 21
Sell Signals: 22
Neutral Signals: 21
Result: This strategy leads to a Neutral position.

Strategy 4:
Buy Signals: 29
Sell Signals: 17
Neutral Signals: 18
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 74
Sell Signals: 94
Neutral Signals: 88
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your Dow Jones Industrial Average (DJI) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for Dow Jones Industrial Average (DJI) on , there is a tendency toward a sell signal based on historical data and analysis. However, it's important to remember that these signals are not guarantees, and careful consideration should be given to overall market conditions and your specific investment goals.

Based on the above signals and forecasts, we recommend the following strategies:
Dow Jones Industrial Average (DJI) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, it is recommended to find the optimal time to exit your position based on the combination of technical analysis signals. For those with a higher risk tolerance, you may wait for the market to move further in the coming days before deciding.
Dow Jones Industrial Average (DJI) trading strategy for those in sell positions (short positions): If you are already in a sell (short) position, holding your position may be the right strategy based on our technical analysis consensus. However, remain cautious and closely monitor market developments.
For new positions: If you are not currently invested or are considering switching to a sell (short) position, it's advisable to evaluate the expected price range, which represents a potential downside of 32.78% based on the lowest predicted price. Before entering a sell position, ensure it aligns with your risk tolerance and investment objectives by conducting thorough research.

In all trading scenarios, it is essential to implement a well-defined stop-loss strategy to manage potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend the "Predict-price" website, which provides both short-term and long-term predictions for free. This resource can aid in making informed decisions regarding your **Dow Jones Industrial Average (DJI)** holdings.

Dow Jones Industrial Average (DJI) Price Analysis and Support Levels:

In our current Dow Jones Industrial Average (DJI) position, we anticipate a potential downward trend. It is crucial to understand the key support levels, which can serve as reference points for traders to make well-informed decisions.

First Support Level: 35679.129 We are closely monitoring the price at the first support level of 35679.129, a critical point in our analysis. If the downward trend continues and this level is breached, it would indicate strong selling pressure and potential further price depreciation.

Second Support Level: 32586.561 If the first support level at 35679.129 is broken, the second support level at 32586.561 becomes a key point. A break at this level suggests stronger downward momentum, likely influenced by market sentiment or external factors.

Third Support Level: 32327.199 If the price continues to decline, and the second support level is breached, it signals a significant shift in market dynamics. Staying below 32327.199 would indicate a persistent downward trend, with traders looking to this third support level as the next reference point.
It’s essential to closely monitor these support levels and analyze them within the broader market context. By remaining alert and consistently analyzing the market, you can make informed decisions while trading Dow Jones Industrial Average (DJI). By paying attention to these support levels and considering broader market trends, you can adapt your trading strategies to the dynamic nature of this market.

Dow Jones Industrial Average (DJI) technical analysis chart

Dow Jones Industrial Average (DJI) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance -- -- -- -- --
Support 35679.129 32586.561 32327.199 -- --
 Dow Jones Industrial Average (DJI) Support and Resistance area (20 Nov)

Dow Jones Industrial Average (DJI) signals list for 20 Nov

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

Dow Jones Industrial Average (DJI) candlestick patterns on 20 Nov

Today's Dow Jones Industrial Average (DJI) Candle Patterns List:

Doji High-Wave Candle Long Legged Doji Spinning Top

Dow Jones Industrial Average (DJI) technical analysis over the past days

# Date Overal Signals ALL Signals
1 19 Nov Hold HoldNeutralNeutralHold
2 18 Nov Neutral HoldNeutralHoldHold
3 15 Nov Sell SellNeutralHoldHold
4 14 Nov Hold NeutralHoldHoldHold
5 13 Nov Hold NeutralHoldHoldHold
6 12 Nov Hold HoldHoldHoldHold
7 11 Nov Hold HoldHoldHoldHold
8 08 Nov Hold HoldHoldHoldHold
9 07 Nov Hold HoldHoldHoldHold
10 06 Nov Buy HoldBuyBuyBuy
11 05 Nov Buy BuyHoldHoldHold
12 04 Nov Hold HoldHoldHoldHold
13 01 Nov Hold HoldHoldHoldHold
14 31 Oct Hold HoldHoldHoldHold
15 30 Oct Sell HoldHoldHoldSell
16 29 Oct Hold HoldHoldHoldNeutral
17 28 Oct Hold HoldHoldHoldNeutral
18 25 Oct Sell HoldHoldSellNeutral
19 24 Oct Sell HoldHoldNeutralNeutral
20 23 Oct Sell SellSellNeutralHold
21 22 Oct Hold NeutralNeutralHoldHold
22 21 Oct Hold NeutralHoldHoldHold
23 18 Oct Hold HoldHoldHoldHold
24 17 Oct Hold HoldHoldHoldHold
25 16 Oct Hold HoldHoldHoldHold
26 15 Oct Hold HoldHoldHoldHold
27 14 Oct Hold HoldHoldHoldHold
28 11 Oct Hold HoldHoldHoldHold
29 10 Oct Hold HoldHoldHoldHold
30 09 Oct Buy BuyBuyHoldHold

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