DOW JONES - MINI DJ30 FULL0624 - 1H - Technical analysis published on 05/23/2022 (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:
Neutral
Technical indicators
67%
6%
28%
My opinion
Bullish above 31,148 USD
My targets
31,875 USD (+1.31%)
32,266 USD (+2.55%)
My analysis
The strong short-term increase of DOW JONES - MINI DJ30 FULL0622 should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 31,148 USD, a purchase could be considered. The first bullish objective is located at 31,875 USD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 32,266 USD. If there is any crossing, the next objective would be the resistance at 32,490 USD. Caution, if there is a return under 31,148 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.
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
3
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This analysis was given by richandjo38. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The DOW JONES - MINI DJ30 FULL0622 rating is 31,463 USD. On the day, this instrument gained +0.80% with the lowest point at 31,286 USD and the highest point at 31,480 USD. The deviation from the price is +0.57% for the low point and -0.05% for the high point.31,286
31,480
31,463
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 year)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of DOW JONES - MINI DJ30 FULL0622 in 1H shows a neutral overall trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : 1 hour
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
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 | 28,468 | 30,955 | 31,148 | 31,463 | 31,537 | 31,875 | 32,266 |
| Change (%) | -9.52% | -1.61% | -1.00% | - | +0.24% | +1.31% | +2.55% |
| Change | -2,995 | -508 | -315 | - | +74 | +412 | +803 |
| Level | Major | Minor | Intermediate | - | Major | Minor | 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 | 29,720 | 30,152 | 30,683 | 31,115 | 31,646 | 32,078 | 32,609 |
| Camarilla | 30,948 | 31,036 | 31,125 | 31,213 | 31,301 | 31,390 | 31,478 |
| Woodie | 29,769 | 30,177 | 30,732 | 31,140 | 31,695 | 32,103 | 32,658 |
| Fibonacci | 30,152 | 30,520 | 30,747 | 31,115 | 31,483 | 31,710 | 32,078 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28,194 | 29,390 | 30,301 | 31,497 | 32,408 | 33,604 | 34,515 |
| Camarilla | 30,634 | 30,827 | 31,020 | 31,213 | 31,406 | 31,599 | 31,792 |
| Woodie | 28,053 | 29,319 | 30,160 | 31,426 | 32,267 | 33,533 | 34,374 |
| Fibonacci | 29,390 | 30,195 | 30,692 | 31,497 | 32,302 | 32,799 | 33,604 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 29,404 | 31,112 | 31,997 | 33,705 | 34,590 | 36,298 | 37,183 |
| Camarilla | 32,169 | 32,407 | 32,644 | 32,882 | 33,120 | 33,357 | 33,595 |
| Woodie | 28,993 | 30,906 | 31,586 | 33,499 | 34,179 | 36,092 | 36,772 |
| Fibonacci | 31,112 | 32,103 | 32,714 | 33,705 | 34,696 | 35,307 | 36,298 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 58.00 | |
| MACD (12,26,9): | -19.0000 | |
| Directional Movement: | 5 | |
| AROON (14): | -57 | |
| DEMA (21): | 31,212 | |
| Parabolic SAR (0,02-0,02-0,2): | 30,679 | |
| Elder Ray (13): | 191 | |
| Super Trend (3,10): | 30,923 | |
| Zig ZAG (10): | 31,469 | |
| VORTEX (21): | 1.0000 | |
| Stochastique (14,3,5): | 89.00 | |
| TEMA (21): | 31,269 | |
| Williams %R (14): | -6.00 | |
| Chande Momentum Oscillator (20): | -18 | |
| Repulse (5,40,3): | 1.0000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0000 | |
| Courbe Coppock: | 1.00 |
| MA7: | 31,742 | |
| MA20: | 32,432 | |
| MA50: | 33,636 | |
| MA100: | 34,081 | |
| MAexp7: | 31,293 | |
| MAexp20: | 31,255 | |
| MAexp50: | 31,391 | |
| MAexp100: | 31,615 | |
| Price / MA7: | -0.88% | |
| Price / MA20: | -2.99% | |
| Price / MA50: | -6.46% | |
| Price / MA100: | -7.68% | |
| Price / MAexp7: | +0.54% | |
| Price / MAexp20: | +0.67% | |
| Price / MAexp50: | +0.23% | |
| Price / MAexp100: | -0.48% |
Quotes :
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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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