Our analysis is based on long term trends, and if they are promissing, short term analysis. First, we view the
3 year weekly charts, followed by a 1 year daily chart. This analysis allows you to view the larger picture and trend,
rather than just looking at a short term prospective. This way, you can use short term volatilty to your advantage, if the
long term trend is positive.
You will see a summery of the stock we are analyzing, followed by the 3 year and 1 year charts. At the end, you will see a technical analysis summery. That's it,
to the point technical stock market analysis daily!
Link this report to your website or message board; just copy and paste the text below.
Technical Analysis for April 11 2006
|
| STOCK: DOW JONES INDEX |
WEBSITE: |
| CURRENT PRICE: 11,141 |
TREND: SHORT TERM UP? INTERMEDIATE DOWN |
| TARGET PRICE: N/A |
RECOMMENDATION: TAKE PROFITS |
|
Long Term Chart (Weekly 3yr) - To view the bigger picture
Charts Courtesy of StockCharts.com
|
Short Term Chart (Daily 1yr) - Where to take a position
Charts Courtesy of StockCharts.com
|
DOW Technical Analysis
Its about that time to take a look at an index, and our focus today is the Dow Jones Industrial average. Lets start by taking a look at the longer term chart to see where the index will lead us in the next few months. As you can see, there has been a steady incline for quite a few months now, with signs of it beginning to slow though. As the index has increased in value, the MACD has been declining, indicating a weak upward move. The MACD is also looking to make a negative cross over in the coming weeks, which may even occur this week. Another indication of a down trend developing is the movement of the STOCHs, which have started to head down here as well. These two indicators, combined with an increasing average, are telling us that this run may be ready for a break shortly. Now turning our focus to the daily chart, you can see that the drop over the past few weeks is close to its 50 day moving average. The MACD may be ready for a short term jump here, but its too early to tell right now. You should continue to watch the MACD to see if it starts to push up here. The RSI is attempting to jump here as well, but again, nothing too concrete has developed.
Bottom line, this market may consolidate much further from these levels in the intermediate term, with a possibility of a short term jump (which may be a good chance to take some profits).
|
If our technical analysis was of value to you:
|
|
|
|
|
|
|
|
Technical Analysis Ads
|
MadMoney TA
If you are looking to make mad money, you have to visit the mad money web sites that have what you are looking for. Link today!
www.MadMoneyTA.com
|
TSX TA
Looking for links to TSX listed stocks, including picks and analysis? Find helpful links now!
www.TsxTA.com
|
NYSE TA
NYSE stock market picks, reports, analysis, for some of largest American companies. Get linked today.
www.NyseTA.com
|
DOW JONES TA
The DOW listed stocks can provide you with some of the best blue chip companies to invest in, get the information you need today. Link to those that can help.
www.DowJonesTA.com
|
NASDAQ TA
Are there still opportunties to make money in NASDAQ listed stocks in todays bull market? Get linked to those that can help you today.
www.NasdaqTA.com
|
|
Top Technical Analysis Links
|
|
|
