DJI Dow Jones Industrial Average
IndexIndex quote, intraday chart, technicals, and constituent breakdown. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
Dow Jones Industrial Average (DJI) INDEX
Price-weighted average of 30 large, established US companies, widely cited as a barometer of the broader US economy.
Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -0.80% | -3.97% | 2.87% | 1.15% | 5.08% | 1.05% | 0.90% |
| Feb | 2.38% | -4.27% | -4.21% | 1.24% | -1.31% | -0.87% | -1.17% |
| Mar | 4.59% | 4.15% | 1.87% | 1.84% | -2.75% | -5.24% | 0.74% |
| Apr | 2.18% | -5.29% | 1.48% | -4.43% | -3.15% | 6.63% | -0.43% |
| May | 1.22% | -0.22% | -3.36% | 2.07% | 3.72% | 3.10% | 1.09% |
| Jun | -0.21% | -6.21% | 4.07% | 1.42% | 4.23% | 2.43% | 0.96% |
| Jul | 0.87% | 5.62% | 3.32% | 4.27% | -0.82% | 0.34% | 2.27% |
| Aug | 1.50% | -3.93% | -2.55% | 3.01% | 4.49% | 0.02% | 0.42% |
| Sep | -4.16% | -9.26% | -3.82% | 3.40% | 2.43% | -3.53% | -2.49% |
| Oct | 4.35% | 10.99% | -1.14% | -0.93% | 2.42% | 1.66% | 2.89% |
| Nov | -3.98% | 5.93% | 8.04% | 6.80% | 0.80% | -1.34%* | 2.71% |
| Dec | 6.81% | -3.63% | 3.98% | -5.00% | 1.64% | -- | 0.76% |
| Total | 15.13% | -11.47% | 10.19% | 15.18% | 17.62% | 3.79% | 8.41% |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
Stock Analysis Report: DJI (Dow Jones Industrial Average)
Executive Summary
Overall Assessment: BULLISH | Confidence Level: 7/10
Key Drivers:
- Strong upside momentum with MACD histogram at +68.60 and bullish crossover signal
- Price trading above all major moving averages (SMA 20, 50, 200), establishing higher lows
- Moderate volatility regime (11.1-11.9% HV) provides stability for trend continuation
Primary Risks:
- ADX strength at 16.79 indicates we remain in a consolidation/range environment rather than a strong trending regime
- RSI at 58.97 shows room to run before overbought conditions; no immediate exhaustion signals
- Data gaps limit confidence: no options data, no recent news, no volume context
Investment Thesis: The DJI is exhibiting constructive price structure with bullish technical alignment—trading above its key moving averages with positive MACD momentum—but lacks the trend strength (low ADX) to suggest an imminent breakout. The index appears positioned for consolidation within the current range with an upside bias, contingent on maintaining above support levels.
Recent News Sentiment Impact: No recent news available for analysis. Unable to assess external catalysts or market sentiment drivers.
Technical Analysis
Trend Direction
| Timeframe | Assessment | Details | |-----------|-----------|---------| | Short-term (1-4 weeks) | BULLISH | Price above SMA 20 ($52,127.95) and EMA 12 ($52,216.93); consolidating above intermediate moving average | | Medium-term (1-3 months) | BULLISH | All three SMAs (20/50/200) in bullish alignment; SMA 200 at $50,654.35 provides upside above current price | | Long-term (3-12 months) | BULLISH | Price above 200-day MA indicates uptrend continuation; structural support well-defined |
Support & Resistance Levels
Resistance (Upside):
- $53,011.76 — Upper Bollinger Band (immediate resistance, 2.2% above current)
- $53,200-$53,500 — Technical extension level (not yet tested in current data)
Support (Downside):
- $52,127.95 — SMA 20 (critical short-term support, 1.4% below current)
- $52,138.46 — SMA 50 (intermediate support, reinforces SMA 20)
- $51,244.14 — Lower Bollinger Band (2.9% below current; strong support)
- $50,654.35 — SMA 200 (major structural support, 4.2% below current)
Momentum Signals
RSI (14): 58.97 — NEUTRAL
- Reading sits comfortably in the neutral zone (30-70 range)
- Not overbought (>70) or oversold (<30), indicating trend can persist
- Room for momentum expansion without immediate reversal risk
- Suggests the rally is sustainable with more upside potential
MACD — BULLISH CROSSOVER
- MACD: 91.26 | Signal Line: 22.67 | Histogram: +68.60
- Large positive histogram indicates strong bullish momentum
- MACD well above signal line, confirming bullish crossover
- Histogram width suggests momentum is expanding, not contracting
- Signal Interpretation: Early to mid-stage uptrend with accelerating momentum
Bollinger Bands — NEUTRAL/HOLDING MID-BAND
- Current price ($52,850) near middle band ($52,127.95)
- Band width at 3.39% indicates moderate compression—volatility is neither extreme nor squeezed
- Price positioned within normal envelope; not at extreme buy/sell levels
- Neutral signal: consolidation more likely than imminent breakout
Williams %R: -12.46
- Reading near -0 indicates price near upper range of recent trading
- Suggests recent strength but not extreme overbought levels
- Consistent with momentum-driven move, not exhaustion
Volume Analysis
Data Quality Flag: Volume SMA 20 shows 0.00, and "Volume Rate of Change" is listed as N/A. This is a critical data gap for index analysis.
Available Signals:
- On-Balance Volume: 7,183,478,323 — Positive OBV accumulation suggests buying interest
- ATR ($560.21): Daily volatility range is moderate; expect swings within ±1% daily
- True Range ($1,246): Recent intraday range shows elevated volatility from a specific move
Assessment: Without volume SMA and rate of change, unable to confirm institutional accumulation or distribution patterns. The positive OBV suggests net buying pressure, but confirmation is limited.
News & Sentiment Analysis
Recent Headlines Summary
No recent news data available. This represents a significant analysis limitation—unable to assess:
- Economic data releases (jobs, inflation, GDP)
- Federal Reserve commentary or rate expectations
- Earnings season impacts
- Sector-specific catalysts
- Geopolitical events
Sentiment Assessment
NEUTRAL — Data Insufficient
Without news context, sentiment analysis is blind. The index could be reacting to off-market events, earnings from index constituents, or macro data not captured in this dataset.
Catalyst Identification
- Immediate Catalysts (1-7 days): Unknown without news
- Near-term (1-4 weeks): Earnings season (if applicable to index constituents)
- Medium-term (1-3 months): Federal Reserve decisions, economic data schedules
Market Narrative
Technical signals diverge from available news context:
- Technical momentum is positive (MACD bullish, price above MAs)
- No news available to validate or contradict this strength
- Risk: Market may be reacting to developments not visible in headline feed, or the index may be running on momentum alone
Risk & Volatility Assessment
Beta Interpretation: 0.82 (vs. SPY)
Defensive Profile — Lower Volatility Than Broad Market
- Beta of 0.82 means the DJI moves approximately 82% as much as the S&P 500
- Classification: Defensive index positioning
- Implication: When SPY declines 10%, DJI expected to decline ~8.2%
- This suggests the index constituents (large-cap blue chips) provide downside cushion vs. broader market
- Positive for risk management: offers some portfolio stability
Volatility Regime
Current Volatility:
- Historical Volatility 20-day: 11.9%
- Historical Volatility 30-day: 11.1%
- Historical Volatility 60-day: 10.8%
Assessment: Volatility is trending lower (60-day < 30-day < 20-day), indicating compression. This is consistent with Bollinger Band width of 3.39%, suggesting:
- Market is consolidating
- Lower absolute price swings expected (±$560 ATR)
- Volatility environment favors range-trading or awaiting catalyst
IV Premium vs. HV30: N/A — Cannot assess options market pricing relative to realized volatility (data gap)
Options Market Signals
No options data available. Critical gaps in analysis:
- Put/call ratios unknown
- IV rank and percentile unknown
- Unusual option flow cannot be detected
- No assessment of tail risk pricing
Downside Protection
Risk Management Framework:
| Level | Price | Distance | Risk Zone | |-------|-------|----------|-----------| | Hard Stop | $51,244 | -3.0% | Lower Bollinger Band | | Key Support | $52,127 | -1.4% | SMA 20 (monitor) | | Structural Support | $50,654 | -4.2% | SMA 200 (major level) |
Maximum Drawdown Scenario: If support breaks at $50,654, next major support would need historical context (not provided). Risk of 4.2% to critical structural level is moderate.
Market Context & Positioning
Sector Performance
Unable to assess — DJI consists of 30 large-cap stocks across multiple sectors. Without constituent breakdown, cannot determine relative sector strength or weakness.
Institutional Activity
Available Signal - Positive OBV:
- On-Balance Volume of 7.18B suggests cumulative buying pressure
- Without volume trends
DJI Options Activity & IV Rank
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Scanning bull put, bear call, iron condor and calendar spreads…
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Loading the implied volatility surface…
Loading the implied volatility smile…
Risk Metrics
Analysis Details
Data Points: 251
Period: 252 trading days
Moderate volatility - stock generally follows market
DJI Institutional Ownership (13F)
Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | ETF | Provider | Weight | $ Exposure | ETF AUM | As Of |
|---|
Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.
- Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
- Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
- Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
- Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
- Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
- YoY growth — compare to the same quarter a year earlier to remove seasonality.
- Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
- Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.
TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.