Tag Archives: technical analysis

The Dow Jones Industrial Average (DJI30) continued its efforts to preserve recent gains, reaching a new high of 45,688. Technical Outlook – 4-hour timeframe: The 50-period simple moving average continues to support the bullish bias, while the Relative Strength Index (RSI) is generating positive signals that reinforce ongoing upward momentum. …

The Dow Jones Industrial Average (DJI30) moved in line with prior expectations, extending its upward momentum toward the first target at 45,645, coming close to the next resistance at 45,770, and posting a session high of 45,735. Technical Outlook – 4-hour timeframe: The 50-period simple moving average continues to support …

The Dow Jones Industrial Average (DJI30) saw mixed movements in the previous trading session, attempting an upward rebound after hitting a low of 45,183. Technical Outlook – 4-hour timeframe: The 50-period simple moving average has once again shifted to support the price from below, providing a positive technical signal. At …

The Dow Jones Industrial Average (DJI30) witnessed bearish movements during yesterday’s trading session, following a series of record closings. Technical Outlook for Today’s Session – 4-Hour Timeframe: Technically, the 50-day simple moving average (SMA) is a barrier pressuring the price from above and acting as a resistance level. The RSI …

The Dow Jones Industrial Average (DJI30) saw mixed movements with a downward bias during the previous session after recording a high of 45004. Technical Outlook – 4-Hour Timeframe Technically, the 50-day Simple Moving Average has returned to exert pressure on the price from above. This is accompanied by negative signals …

The Dow Jones Industrial Average (DJI30) saw a slightly upward trend during the US trading session yesterday. Technical Outlook – 4-Hour Timeframe Technically, the index remains stable above the 50-day Simple Moving Average, which increases the chances of continued upward movement. This is supported by early positive signals from the …