(DIA) Pivots Trading Plans and Risk Controls

December 11, 2024, 14:00 pm ET, BY Momei- Contributor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for DIA

• Buy DIA near 431.73 target 445.36 stop loss @ 430.48 Details

The technical summary data tells us to buy DIA near 431.73 with an upside target of 445.36. This data also tells us to set a stop loss @ 430.48 to protect against excessive loss in case the stock begins to move against the trade. 431.73 is the first level of support below 443.33 , and by rule, any test of support is a buy signal. In this case, support 431.73 is being tested, a buy signal would exist.

• Short DIA slightly under 445.36, target 431.73, stop loss @ 446.65 Details

The technical summary data is suggesting a short of DIA as it gets near 445.36 with a downside target of 431.73. We should have a stop loss in place at 446.65though. 445.36 is the first level of resistance above 443.33, and by rule, any test of resistance is a short signal. In this case, if resistance 445.36 is being tested, a short signal would exist.

Swing Trading Plans for DIA

• Buy DIA slightly over 445.36, target 445.71, Stop Loss @ 444.07 Details

If 445.36 begins to break higher, the technical summary data tells us to buy DIA just slightly over 445.36, with an upside target of 445.71. The data also tells us to set a stop loss @ 444.07 in case the stock turns against the trade. 445.36 is the first level of resistance above 443.33, and by rule, any break above resistance is a buy signal. In this case, 445.36, 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 445.36, target 431.73, Stop Loss @ 446.65. Details

The technical summary data is suggesting a short of DIA if it tests 445.36 with a downside target of 431.73. We should have a stop loss in place at 446.65 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, 445.36, 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 443.56, target 445.36, Stop Loss @ 442.53 Details

If 443.56 begins to break higher, the technical summary data tells us to buy DIA just slightly over 443.56, with an upside target of 445.36. The data also tells us to set a stop loss @ 442.53 in case the stock turns against the trade. 443.56 is the first level of resistance above 443.33, and by rule, any break above resistance is a buy signal. In this case, 443.56, 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 443.56, target 431.73, Stop Loss @ 444.59. Details

The technical summary data is suggesting a short of DIA if it tests 443.56 with a downside target of 431.73. We should have a stop loss in place at 444.59 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, 443.56, 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 Average Etf (DIA) available here: DIA.

DIA Ratings for December 11:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Strong
P1	0	0	417.18
P2	443.56	445.71	431.73
P3	445.18	451.38	445.36

AI Generated Signals for DIA

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This Spdr Dow Jones Industrial Average Etf (NYSE: DIA) report was produced by Stock Traders Daily.  Over the past 20 years our metholdology has been refined to help identify strategies for both individual stocks and the stock markets, with prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for DIA change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if DIA is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for DIA too.  All of these are offered below the Summary Table.