DOW JONES - MINI DJ30 FULL0624 - 1H - Technical analysis published on 10/14/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 34,293.30 USD
My targets
34,727.00 USD (+0.85%)
34,854.00 USD (+1.21%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on DOW JONES - MINI DJ30 FULL1221. This is a positive signal for buyers. As long as the price remains above 34,293.30 USD, a purchase could be considered. The first bullish objective is located at 34,727.00 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 34,854.00 USD as an objective. Crossing it would then enable buyers to target 35,518.00 USD. In the event of a return below 34,293.30 USD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.1
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Additional analysis
Quotes
The DOW JONES - MINI DJ30 FULL1221 rating is 34,436.00 USD. On the day, this instrument gained +0.52% and was traded between 34,248.00 USD and 34,454.00 USD over the period. The price is currently at +0.55% from its lowest and -0.05% from its highest.34,248.00
34,454.00
34,436.00
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DOW JONES - MINI DJ30 FULL1221:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this DOW JONES - MINI DJ30 FULL1221 chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Moving Average bullish crossovers : AMA20 & AMA50
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : 1 hour
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
CCI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 33,978.70 | 34,125.00 | 34,293.30 | 34,436.00 | 34,486.00 | 34,727.00 | 34,854.00 |
| Change (%) | -1.33% | -0.90% | -0.41% | - | +0.15% | +0.85% | +1.21% |
| Change | -457.30 | -311.00 | -142.70 | - | +50.00 | +291.00 | +418.00 |
| Level | Minor | Intermediate | Intermediate | - | Minor | Major | Minor |
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 | 33,687.33 | 33,835.67 | 34,046.33 | 34,194.67 | 34,405.33 | 34,553.67 | 34,764.33 |
| Camarilla | 34,158.28 | 34,191.18 | 34,224.09 | 34,257.00 | 34,289.91 | 34,322.82 | 34,355.73 |
| Woodie | 33,718.50 | 33,851.25 | 34,077.50 | 34,210.25 | 34,436.50 | 34,569.25 | 34,795.50 |
| Fibonacci | 33,835.67 | 33,972.81 | 34,057.53 | 34,194.67 | 34,331.81 | 34,416.53 | 34,553.67 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 32,747.00 | 33,214.00 | 33,920.00 | 34,387.00 | 35,093.00 | 35,560.00 | 36,266.00 |
| Camarilla | 34,303.43 | 34,410.95 | 34,518.48 | 34,626.00 | 34,733.53 | 34,841.05 | 34,948.58 |
| Woodie | 32,866.50 | 33,273.75 | 34,039.50 | 34,446.75 | 35,212.50 | 35,619.75 | 36,385.50 |
| Fibonacci | 33,214.00 | 33,662.09 | 33,938.91 | 34,387.00 | 34,835.09 | 35,111.91 | 35,560.00 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 31,077.67 | 32,230.33 | 33,198.67 | 34,351.33 | 35,319.67 | 36,472.33 | 37,440.67 |
| Camarilla | 33,583.73 | 33,778.15 | 33,972.58 | 34,167.00 | 34,361.43 | 34,555.85 | 34,750.28 |
| Woodie | 30,985.50 | 32,184.25 | 33,106.50 | 34,305.25 | 35,227.50 | 36,426.25 | 37,348.50 |
| Fibonacci | 32,230.33 | 33,040.56 | 33,541.11 | 34,351.33 | 35,161.56 | 35,662.11 | 36,472.33 |
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): | 64.95 | |
| MACD (12,26,9): | 41.8500 | |
| Directional Movement: | 12.64 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 34,374.10 | |
| Parabolic SAR (0,02-0,02-0,2): | 34,184.13 | |
| Elder Ray (13): | 55.98 | |
| Super Trend (3,10): | 34,197.44 | |
| Zig ZAG (10): | 34,404.00 | |
| VORTEX (21): | 1.0500 | |
| Stochastique (14,3,5): | 92.88 | |
| TEMA (21): | 34,409.82 | |
| Williams %R (14): | -15.54 | |
| Chande Momentum Oscillator (20): | 190.00 | |
| Repulse (5,40,3): | 0.2300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 1.12 |
| MA7: | 34,408.71 | |
| MA20: | 34,273.50 | |
| MA50: | 34,789.34 | |
| MA100: | 34,635.33 | |
| MAexp7: | 34,380.91 | |
| MAexp20: | 34,331.62 | |
| MAexp50: | 34,324.25 | |
| MAexp100: | 34,344.97 | |
| Price / MA7: | +0.08% | |
| Price / MA20: | +0.47% | |
| Price / MA50: | -1.02% | |
| Price / MA100: | -0.58% | |
| Price / MAexp7: | +0.16% | |
| Price / MAexp20: | +0.30% | |
| Price / MAexp50: | +0.33% | |
| Price / MAexp100: | +0.27% |
Quotes :
-
10 min delayed data
-
CBOT E-mini Futures
This member declared not having a position on this financial instrument or a related financial instrument.
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