Loading...

Dow Jones Transportation Average

^DJTINDEX
$20947.05
$-316.73(-1.49%)
U.S. Market opens in 17h 24m

Dow Jones Transportation Average (^DJT) Index: Technical Analysis & Trading Signals Today

Comprehensive technical indicators and trading signals for informed investment decisions

^DJT Technical Analysis Summary

Dow Jones Transportation Average index currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 77.40)
Trend Strength:Moderate (ADX: 29.58)
Volatility:Medium (ATR: 482.43)
Support/Resistance:$16870.05 – $21089.06 (Bollinger Bands)

Overall, Dow Jones Transportation Average remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 77.40

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 96.96

Bearish
Overbought levels may trigger pullback.

Williams %R: -0.84

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 15.61

Strongly Bullish
Strong upside momentum.

Takeaway:Dow Jones Transportation Average shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 552.14

Bullish
Bullish, trend momentum is strengthening.

ADX: 29.58

Moderate
Moderate trend, direction gaining strength.

ATR (14): 482.43

Rising
Rising volatility, market activity increasing.

CCI (14): 131.54

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Dow Jones Transportation Average shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$21089.06
Middle Band (SMA 20)
$18979.56
Lower Band
$16870.05
Current Position
Within Bands

Takeaway:Dow Jones Transportation Average trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$20411.65
Middle Line (EMA 20)
$19446.79
Lower Channel
$18481.94
Squeeze Status
No Squeeze

Takeaway:Dow Jones Transportation Average trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume1.65B
Money Flow Index81.13Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index78.93Bullish, price momentum strongly favors buyers.

Overall Takeaway:^DJT shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Dow Jones Transportation Average, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Dow Jones Transportation Average currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ