SPDR DJIA TRUST (DIA) Stock Technical Analysis
NYSEARCA:DIA • US78467X1090
Taking everything into account, DIA scores 5 out of 10 in our technical rating. In the last year, DIA was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- DIA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DIA is lagging the market slightly.
- DIA has an average volume of 6166310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, DIA outperforms 59% of them, which is more or less in line with the market.
- In the last month DIA has a been trading in a tight range between 484.56 and 505.30.
Although the technical rating is only medium, DIA does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 490.55, a Stop Loss order could be placed below this zone.
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376.00
3 important support areas can be observed.
- A support zone ranging from 469.28 to 490.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 454.86 to 458.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @379.80 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 494.40 to 501.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DIA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DIA is neutral. |
| ChartMill Relative Strength | 59.83 | NEUTRAL | DIA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DIA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DIA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DIA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.29 | NEUTRAL | The RSI value for DIA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.03 | NEGATIVE | The MACD value suggests DIA has a negative trend. |
| Stochastics (14,3) | 26.66 | NEUTRAL | The Stochastics value for DIA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for DIA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.22 | NEGATIVE | The low ADX value for DIA suggests a weak or negative trend. |
491.79
+3.78 (+0.77%)
SPDR DJIA TRUST / DIA FAQ
What is the ChartMill technical rating of SPDR DJIA TRUST (DIA) stock?
ChartMill assigns a technical rating of 5 / 10 to DIA.
What is the trend direction for DIA stock?
The current trend direction for SPDR DJIA TRUST (DIA) is Bullish.
What is the RSI signal for SPDR DJIA TRUST (DIA) stock?
SPDR DJIA TRUST (DIA) has an RSI value of 48.2886. This indicates that the stock is currently neutral.
What is the short term momentum for SPDR DJIA TRUST (DIA) stock?
The short term momentum for SPDR DJIA TRUST (DIA) is neutral.
Can you provide the support and resistance levels for SPDR DJIA TRUST?
SPDR DJIA TRUST (DIA) has a support level at 490.55 and a resistance level at 494.4. Check the full technical report for our detailed analysis of DIA support and resistance levels.