How the price action of Spdr Dow Jones Industrial Aver (DIA) is used to our Advantage
February 14, 2023, 03:30 am ET, BY Jesse F.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for DIA
- Buy DIA slightly over 326.55 target 345.26 stop loss @ 325.61 Details
The technical summary data tells us to buy DIA near 326.55 with an upside target of 345.26. This data also tells us to set a stop loss @ 325.61 to protect against excessive loss in case the stock begins to move against the trade. 326.55 is the first level of support below 342.55 , and by rule, any test of support is a buy signal. In this case, support 326.55 is being tested, a buy signal would exist.
- Short DIA slightly under 345.26, target 326.55, stop loss @ 346.26 Details
The technical summary data is suggesting a short of DIA as it gets near 345.26 with a downside target of 326.55. We should have a stop loss in place at 346.26though. 345.26 is the first level of resistance above 342.55, and by rule, any test of resistance is a short signal. In this case, if resistance 345.26 is being tested, a short signal would exist.
Swing Trading Plans for DIA
- Buy DIA slightly over 345.26, target n/a, Stop Loss @ 344.26 Details
If 345.26 begins to break higher, the technical summary data tells us to buy DIA just slightly over 345.26, with an upside target of n/a. The data also tells us to set a stop loss @ 344.26 in case the stock turns against the trade. 345.26 is the first level of resistance above 342.55, and by rule, any break above resistance is a buy signal. In this case, 345.26, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short DIA slightly near 345.26, target 341.55, Stop Loss @ 346.26. Details
The technical summary data is suggesting a short of DIA if it tests 345.26 with a downside target of 341.55. We should have a stop loss in place at 346.26 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 345.26, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for DIA
- Buy DIA slightly over 345.26, target n/a, Stop Loss @ 344.45 Details
If 345.26 begins to break higher, the technical summary data tells us to buy DIA just slightly over 345.26, with an upside target of n/a. The data also tells us to set a stop loss @ 344.45 in case the stock turns against the trade. 345.26 is the first level of resistance above 342.55, and by rule, any break above resistance is a buy signal. In this case, 345.26, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short DIA slightly near 345.26, target 342.03, Stop Loss @ 346.07. Details
The technical summary data is suggesting a short of DIA if it tests 345.26 with a downside target of 342.03. We should have a stop loss in place at 346.07 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 345.26, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Spdr Dow Jones Industrial Aver (DIA) available here: DIA.
DIA Ratings for February 14:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Weak |
Strong |
Weak |
| P1 |
0 |
0 |
306.03 |
| P2 |
338.57 |
337.82 |
326.55 |
| P3 |
342.03 |
341.55 |
345.26 |
AI Generated Signals for DIA
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Spdr Dow Jones Industrial Aver (NYSE: DIA) data table below can help you with price action, and we have more details too. Trading plans for DIA are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for DIA:
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