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SPDR Dow Jones Industrial Average ETF Trust (DIA). “On a long-term technical basis, the stock (DIA) is trading above its 200-day moving average which implies it is in a positive trend.
The stock has support at 266.86 and 252.59. If the stock breaks down through support at 266.86 then it will probably continue lower to 252.59. The stock will meet resistance at 268.96 and 308.24. If the stock breaks up through resistance at 268.96 then it will probably continue higher to 308.24. The 200-day moving average is at 258.10. This will also act as support. The stock is slightly overbought according to the Stochastic Indicator (68.77).”
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