>>> Join us to access robo analyses for over 16,000+ stocks! <<<
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. However, the stock has recently broken through an important trendline at 267.38 suggesting the next support level is at 260.58. This weakness suggests the long-term trend is turning neutral.
The stock has support at 260.58 and 247.04. If the stock breaks down through support at 260.58 then it will probably continue lower to 247.04. The stock will meet resistance at 264.50 and 346.77. If the stock breaks up through resistance at 264.50 then it will probably continue higher to 346.77. The 200-day moving average is at 258.92. This will also act as support. The stock is neutral according to the Stochastic Indicator (35.77).”
>>> Join us to access robo analyses for over 16,000+ stocks! <<<