GLOBAL X DOW 30 COV CALL ETF (DJIA) Stock Technical Analysis
USA - NYSEARCA:DJIA - US37960A8595 - ETF
Overall DJIA gets a technical rating of 6 out of 10. Although DJIA is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
DJIA has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 21.96, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
20.85
We found 2 important support areas.
- A support zone ranging from 21.60 to 21.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @21.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Strong resistance @22.33 from a horizontal line in the daily time frame.
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 DJIA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DJIA is up. |
| ChartMill Relative Strength | 33.54 | NEUTRAL | DJIA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DJIA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DJIA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DJIA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.56 | NEUTRAL | The RSI value for DJIA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DJIA has a positive trend. |
| Stochastics (14,3) | 93.55 | OVERBOUGHT | The high Stochastics value suggests DJIA may be overbought. |
| Average True Range in percent/ATR (20) | 0.71 | LOW VOLATILITY | The low ATR as a percentage value for DJIA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.72 | NEUTRAL | The ADX value for DJIA suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.34 | 21.78 | 0.56 (2.51%) | 25.00% |
| An entry @22.34. This is a Buy Stop order right above the resistance zone. | An exit @21.78. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.56 points, which is 2.51%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.63%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:DJIA (10/28/2025, 8:04:02 PM)
22.075
-0.02 (-0.07%)
GLOBAL X DOW 30 COV CALL ETF / DJIA FAQ
What is the technical rating for DJIA stock?
ChartMill assigns a technical rating of 6 / 10 to DJIA.
What is the trend direction for DJIA stock?
The current trend direction for GLOBAL X DOW 30 COV CALL ETF (DJIA) is Bullish.
What is the RSI signal for GLOBAL X DOW 30 COV CALL ETF (DJIA) stock?
GLOBAL X DOW 30 COV CALL ETF (DJIA) has an RSI value of 59.5604. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GLOBAL X DOW 30 COV CALL ETF?
The MACD indicator for GLOBAL X DOW 30 COV CALL ETF (DJIA) has a value of 0.0165234, indicating a bearish trend.
Can you provide the short term momentum for GLOBAL X DOW 30 COV CALL ETF?
The short term momentum for GLOBAL X DOW 30 COV CALL ETF (DJIA) is positive.