DOW JONES - MINI DJ30 FULL0624 - 1H - Technical analysis published on 04/12/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : NEUTRAL
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Slightly bearish
Technical indicators
72%
0%
28%
My opinion
Neutral between 34,093 USD and 34,530 USD
My targets
-
My analysis
The short-term increase on DOW JONES - MINI DJ30 FULL0622 remains moderate but could challenge the slightly bearish basic trend. It is difficult to advise a trading direction under these conditions. The first resistance is located at 34,530 USD. The first support is located at 34,093 USD. You could remain on the sidelines waiting for a more pronounced price movement on this instrument. A new analysis could then be carried out to provide clearer signals.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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This analysis was given by Anasabbas1991. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DOW JONES - MINI DJ30 FULL0622 rating is 34,405 USD. The price has increased by +0.54% since the last closing with the lowest point at 34,010 USD and the highest point at 34,582 USD. The deviation from the price is +1.16% for the low point and -0.51% for the high point.34,010
34,582
34,405
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum 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 FULL0622 in 1H shows an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend could turn neutral or reverse given the slightly bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:
Bearish price crossover with Moving Average 50
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with Moving Average 100
Type : Bearish
Timeframe : 1 hour
Bearish price crossover with adaptative moving average 50
Type : Bearish
Timeframe : 1 hour
Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
Ichimoku : price is under the cloud
Type : Bearish
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 32,954 | 33,522 | 34,093 | 34,405 | 34,530 | 34,815 | 35,017 |
| Change (%) | -4.22% | -2.57% | -0.91% | - | +0.36% | +1.19% | +1.78% |
| Change | -1,451 | -883 | -312 | - | +125 | +410 | +612 |
| Level | Minor | Major | Intermediate | - | Intermediate | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 33,557 | 33,869 | 34,044 | 34,356 | 34,531 | 34,843 | 35,018 |
| Camarilla | 34,085 | 34,130 | 34,174 | 34,219 | 34,264 | 34,308 | 34,353 |
| Woodie | 33,489 | 33,835 | 33,976 | 34,322 | 34,463 | 34,809 | 34,950 |
| Fibonacci | 33,869 | 34,055 | 34,170 | 34,356 | 34,542 | 34,657 | 34,843 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 33,210 | 33,652 | 34,132 | 34,574 | 35,054 | 35,496 | 35,976 |
| Camarilla | 34,359 | 34,444 | 34,528 | 34,613 | 34,698 | 34,782 | 34,867 |
| Woodie | 33,230 | 33,662 | 34,152 | 34,584 | 35,074 | 35,506 | 35,996 |
| Fibonacci | 33,652 | 34,004 | 34,221 | 34,574 | 34,926 | 35,143 | 35,496 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29,759 | 30,976 | 32,847 | 34,064 | 35,935 | 37,152 | 39,023 |
| Camarilla | 33,869 | 34,152 | 34,435 | 34,718 | 35,001 | 35,284 | 35,567 |
| Woodie | 30,086 | 31,140 | 33,174 | 34,228 | 36,262 | 37,316 | 39,350 |
| Fibonacci | 30,976 | 32,156 | 32,884 | 34,064 | 35,244 | 35,972 | 37,152 |
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): | 55.00 | |
| MACD (12,26,9): | -12.0000 | |
| Directional Movement: | 15 | |
| AROON (14): | 43 | |
| DEMA (21): | 34,244 | |
| Parabolic SAR (0,02-0,02-0,2): | 34,123 | |
| Elder Ray (13): | 154 | |
| Super Trend (3,10): | 34,074 | |
| Zig ZAG (10): | 34,393 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 81.00 | |
| TEMA (21): | 34,290 | |
| Williams %R (14): | -34.00 | |
| Chande Momentum Oscillator (20): | 269 | |
| Repulse (5,40,3): | 0.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.00 |
| MA7: | 34,498 | |
| MA20: | 34,585 | |
| MA50: | 34,178 | |
| MA100: | 34,739 | |
| MAexp7: | 34,342 | |
| MAexp20: | 34,282 | |
| MAexp50: | 34,356 | |
| MAexp100: | 34,440 | |
| Price / MA7: | -0.27% | |
| Price / MA20: | -0.52% | |
| Price / MA50: | +0.66% | |
| Price / MA100: | -0.96% | |
| Price / MAexp7: | +0.18% | |
| Price / MAexp20: | +0.36% | |
| Price / MAexp50: | +0.14% | |
| Price / MAexp100: | -0.10% |
Quotes :
-
10 min delayed 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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