DOW JONES - MINI DJ30 FULL0624 - Daily - Technical analysis published on 06/25/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Court terme:
Neutral
De fond:
Slightly bullish
Technical indicators
17%
39%
44%
My opinion
Neutral between 24,653.67 USD and 26,603.33 USD
My targets
-
My analysis
The neutral short-term trend shows a weakening of the basic, slightly bullish trend on DOW JONES (MINI DJ30 FULL0920). It is difficult to advise a trading direction under these conditions. The first resistance is located at 26,603.33 USD. The first support is located at 24,653.67 USD. We can stay away while waiting for a more pronounced price movement on this instrument. A new analysis could then be produced that would give clearer signals.
Technical indicators are bearish in the very shrot term and could soon allow change to a bearish sentiment.
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This analysis was given by huthayfa. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
DOW JONES (MINI DJ30 FULL0920) rating 25,401.00 USD. The price is lower by -2.17% since the last closing and was between 25,159.00 USD and 26,134.00 USD. This implies that the price is at +0.96% from its lowest and at -2.80% from its highest.25,159.00
26,134.00
25,401.00
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of DOW JONES (MINI DJ30 FULL0920) in Daily shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. As the signals currently given by short-term moving averages are rather neutral, the slightly bullish trend could return to neutral. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
In fact, only 7 technical indicators out of 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 20,740.00 | 21,700.00 | 23,552.00 | 25,401.00 | 25,433.60 | 27,342.00 | 29,523.00 |
| Change (%) | -18.35% | -14.57% | -7.28% | - | +0.13% | +7.64% | +16.23% |
| Change | -4,661.00 | -3,701.00 | -1,849.00 | - | +32.60 | +1,941.00 | +4,122.00 |
| Level | Minor | Major | Intermediate | - | Major | Major | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 24,702.67 | 24,966.33 | 25,459.67 | 25,723.33 | 26,216.67 | 26,480.33 | 26,973.67 |
| Camarilla | 25,744.83 | 25,814.22 | 25,883.61 | 25,953.00 | 26,022.39 | 26,091.78 | 26,161.18 |
| Woodie | 24,817.50 | 25,023.75 | 25,574.50 | 25,780.75 | 26,331.50 | 26,537.75 | 27,088.50 |
| Fibonacci | 24,966.33 | 25,255.51 | 25,434.16 | 25,723.33 | 26,012.51 | 26,191.16 | 26,480.33 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 21,656.67 | 23,295.33 | 24,346.67 | 25,985.33 | 27,036.67 | 28,675.33 | 29,726.67 |
| Camarilla | 24,658.25 | 24,904.83 | 25,151.42 | 25,398.00 | 25,644.58 | 25,891.17 | 26,137.75 |
| Woodie | 21,363.00 | 23,148.50 | 24,053.00 | 25,838.50 | 26,743.00 | 28,528.50 | 29,433.00 |
| Fibonacci | 23,295.33 | 24,322.91 | 24,957.75 | 25,985.33 | 27,012.91 | 27,647.75 | 28,675.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20,423.33 | 21,563.67 | 23,513.33 | 24,653.67 | 26,603.33 | 27,743.67 | 29,693.33 |
| Camarilla | 24,613.25 | 24,896.50 | 25,179.75 | 25,463.00 | 25,746.25 | 26,029.50 | 26,312.75 |
| Woodie | 20,828.00 | 21,766.00 | 23,918.00 | 24,856.00 | 27,008.00 | 27,946.00 | 30,098.00 |
| Fibonacci | 21,563.67 | 22,744.05 | 23,473.29 | 24,653.67 | 25,834.05 | 26,563.29 | 27,743.67 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 54.39 | |
| MACD (12,26,9): | 334.3500 | |
| Directional Movement: | 1.20 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 26,282.06 | |
| Parabolic SAR (0,02-0,02-0,2): | 26,518.74 | |
| Elder Ray (13): | -3.04 | |
| Super Trend (3,10): | 27,466.84 | |
| Zig ZAG (10): | 25,965.00 | |
| VORTEX (21): | 1.0700 | |
| Stochastique (14,3,5): | 43.75 | |
| TEMA (21): | 26,173.76 | |
| Williams %R (14): | -51.60 | |
| Chande Momentum Oscillator (20): | -1,107.00 | |
| Repulse (5,40,3): | 1.2200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2900 | |
| Courbe Coppock: | 0.27 |
| MA7: | 25,896.14 | |
| MA20: | 26,035.05 | |
| MA50: | 24,749.52 | |
| MA100: | 24,768.86 | |
| MAexp7: | 25,919.73 | |
| MAexp20: | 25,753.76 | |
| MAexp50: | 25,126.83 | |
| MAexp100: | 25,190.37 | |
| Price / MA7: | -1.91% | |
| Price / MA20: | -2.44% | |
| Price / MA50: | +2.63% | |
| Price / MA100: | +2.55% | |
| Price / MAexp7: | -2.00% | |
| Price / MAexp20: | -1.37% | |
| Price / MAexp50: | +1.09% | |
| Price / MAexp100: | +0.84% |
Quotes :
2020-06-24 00:00:00
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End-of-day data
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CBOT E-mini Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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