Pretiming: Dow Jones DJIA index 10-Day forecast and technical analysis by pretiming.

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Dow Jones DJIA index 10-Day forecast and technical analysis by pretiming.

Dow Jones 10-Day forecast and technical analysis by pretiming.

Closed price

Jun 06, 2023

33,573.28

0.03%

Appropriate Investment Position: Neutral

Today's Buy-Sell strength analysis

The current trend appears to be 'Entering a correction trend'. The OPEN-price started with a stronger decline rate than the current trend and The HIGH and LOW prices are showing a weaker HIGH-price and a stronger LOW-price Finally, the CLOSE-price closed with a weaker upward rate than the current trend.

The overall buy-sell strength indicates that the sell strength is stronger than the buy.

Assuming that the average sell strength is -100%,

Today's sell strength is

-121%

 

 

Tomorrow's Buy-Sell strength Forecast

Based on recent market trends and technical analysis, it looks like Dow Jones is poised for an Correction trend tomorrow

The %strength of Risk & Return tomorrow :

-50%

HIGH ~ LOW % range tomorrow :

0.2%

-1.2%

Predicted Average return over the next 3 days:

0.0%

 

 

 

 

 

 

 

Dow Jones stock market 10 Day forecast

It is expected that the overall trend movement over the next 10 days will follow a sideways box pattern, with a ratio of 6 : 4 for the downward to upward direction, indicating a higher proportion of the downward trend. However, in terms of the expected strength of the upward and downward movements, the downward strength is moderate, while the upward strength is higher. Currently, it's about to begin a correction trend as an upward trend gradually gives way to a slowdown in rises and falling fluctuations. and It's maintaining a suitable Buy-Sell strength for the current trend conditions.

Indicating that We are currently in a bullish zone. Therefore, it is recommended to implement a strategy to increase profits and take a suitable investing position. A suitable investing position is 'Neutral' for now. The appropriate buying timing is predicted to be in 2 days.

The buying date is

Jun 07

to

Jun 08

A good price to buy a stock:

$ 33,029.86

And the appropriate selling timing is predicted to be in 5 days.

 

The selling date is

Jun 12

to

Jun 13

A good price to sell a stock:

$ 33,994.80

(Forecast may change due to changes in the Buy-Sell strength)

Volatility of forecast

Due to maintaining a proper flow of Buy-Sell strength that is suitable for the current trend, pretiming forecasting may have low volatility.

Predicting the turning point of the trend

The probability of a trend reversal occurring Today and approximately 3 days from now, 7 days from now

40%

Forecast of Upper~Lower price range over the next 10 days

Price:

33,153.37

~

33,892.72

% Change:

-1.3%

~

1.0%

Median price between the upper and lower prices

33,523.04

-0.1%

Analysis of the trend zone & level% and average strength of trends

For the last 30 days, the average trend zone & level%

Bearish

-15%

The Current trend zone & level%

Bullish

60%

The expected average trend zone & level% for the next 10 days

Bullish

19%

If the trend moves upward from the current trend level%, it's expected to have an average upward strength of

87%

(Max 100%)

And if it moves downward, it is expected to have a downward strength of

-32%

(Min -100%)

Forecasting the strength of the trend and the range of the HIGH ~ LOW

Trend

Strength%

HIGH

LOW

In 1 day: Correction trend

-50%

0.2%

-1.2%

In 2 days: Entering an uptrend

-1%

0.1%

-0.7%

In 3 days: Entering an uptrend

100%

1.5%

0.0%

In 4 days: Uptrend

61%

0.6%

-0.2%

In 5 days: Uptrend

95%

1.4%

0.1%

In 6 days: Entering a correction trend

-42%

0.1%

-0.6%

In 7 days: Entering a correction trend

-45%

0.1%

-0.8%

In 8 days: Correction trend

-46%

0.0%

-0.6%

In 9 days: Entering an uptrend

-6%

0.2%

-0.5%

In 10 days: Entering an uptrend

93%

1.2%

0.1%

Average closing price in case of rising:

 

0.7%

=> HIGH ~ LOW range:

0.8%

~

-0.3%

Average closing price in case of falling:

 

-0.5%

=> HIGH ~ LOW range:

0.2%

~

-0.9%

Stock forecast is based on the buy-sell strength analysis of pretiming. Get detailed information including best stocks to buy, stock price target and investment strategy, Bearish & Bullish stock trend analysis, stock technical analysis.