Prepared by: Professor Ali Gamal Abdel Gawad – Lecturer of Investment and Finance
Dow Jones Industrial Average (DJI – New York)
Fundamental Analysis
Index Description: The Dow Jones Industrial Average is an index comprising 30 of the largest U.S. industrial and service companies, reflecting the overall performance of the U.S. economy.
U.S. Economy: The index's positive performance reflects optimism regarding economic growth, corporate earnings, and Federal Reserve policies.
Influencing Factors:
U.S. Monetary Policy and Interest Rates
Employment and Economic Growth Data
Quarterly Earnings of Major Listed Companies
Technical Analysis
Current Price: $48,134.89, Up 0.38% (Daily)
Today's range: $47,974.82 – $48,289.63
52-week range: $36,611.78 – $48,886.86
Short- and long-term trends:
Daily: +0.38%
Weekly: -0.67%
Monthly: +5.21%
Three months: +3.93%
Six months: +14.05%
Yearly: +12.36%
Five years: +59.50% → Indicates stable long-term growth
Support and resistance:
Short-term support: $47,900 – $48,000
Nearby resistance: $48,280 – $48,300
52-week high: $48,886 → Potential target if the uptrend continues
Financial/Investment Insight
Trading volume: 1,251,835,081 shares → Heavy trading volume
3-hour average trading volume: 530,390,648 shares → High activity
Volatility: Daily difference $314.81 (48,289.63 – 47,974.82), moderate volatility for the index
Long-term return: The index has risen +12.36% over the past year and +59.50% over the past five years, making it a good choice for investors seeking long-term investments in major US stocks
Conclusion and Recommendations:
The Dow Jones Industrial Average is in a long-term uptrend despite some short-term corrections.
Current support: 47,900 – 48,000
Current resistance: 48,280 – 48,300
52-week high: 48,886 → Potential target if the upward momentum continues
This indicator is suitable for long-term investors. Short-term traders should monitor support and resistance levels for potential reversals.
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