Spdr Dow Jones Industrial Aver $DIA Pivots Trading Plans and Risk Controls

Spdr Dow Jones Industrial Aver $DIA Pivots Trading Plans and Risk Controls
Spdr Dow Jones Industrial Aver $DIA Pivots Trading Plans and Risk Controls

Spdr Dow Jones Industrial Aver $DIA Pivots Trading Plans and Risk Controls

Long-term trading plans for DIA
  • Buy DIA just above 307.16 target 327.74 stop loss @ 306.27 Details
  • The technical summary data tells us to buy DIA near 307.16 with an upside target of 327.74. This data also tells us to set a stop loss @ 306.27 to protect against excessive loss in case the stock starts moving against the trade. 307.16 is the first support level below 322.19 and usually any test of support is a buy signal. In this case, support 307.16 will be tested, so a buy signal will exist.

  • Short DIA slightly below 327.74, target 307.16, stop loss @ 328.69 Details
  • The technical summary data suggests DIA is shorter as it nears 327.74 with a downside target of 307.16. We should have a stop loss in place at 328.69. 327.74 is the first resistance level above 322.19 and usually any resistance test is a short signal. In this case, if resistance 327.74 is tested, a short signal will exist.

Swing Trading Plans for DIA
  • Buy DIA just above 327.09, target 327.74, Stop Loss @ 326.15 Details
  • If 327.09 starts to break higher, the technical summary data tells us to buy DIA just above 327.09, with an upside target of 327.74. The data also tells us to set a stop loss @ 326.15 in case the stock reverses the trade. 327.09 is the first level of resistance above 322.19 and usually any break above resistance is a buy signal. In this case, 327.09, initial resistance, will break higher, so a buy signal will exist. Because this plan is based on a resistance break, it is referred to as a long resistance plan.

  • Short DIA a little near 327.09, target 318.42, Stop Loss @ 328.03. Details
  • The technical summary data suggests DIA is short if it tests 327.09 with a downside target of 318.42. We should have a stop loss in place at 328.03 in case the stock starts moving towards the trade. As a rule, any resistance test is a short signal. In this case, if resistance, 327.09, is tested, a short signal will exist. Because this plan is a short plan based on a resistance test, it is referred to as a short resistance plan.

Day trading plans for DIA
  • Buy DIA just above 327.09, target 327.74, Stop Loss @ 326.33 Details
  • If 327.09 starts to break higher, the technical summary data tells us to buy DIA just above 327.09, with an upside target of 327.74. The data also tells us to set a stop loss @ 326.33 in case the stock reverses the trade. 327.09 is the first level of resistance above 322.19 and usually any break above resistance is a buy signal. In this case, 327.09, initial resistance, will break higher, so a buy signal will exist. Because this plan is based on a resistance break, it is referred to as a long resistance plan.

  • Short DIA little near 327.09, target 321.03, Stop Loss @ 327.85. Details
  • The technical summary data suggests DIA is short if it tests 327.09 with a downside target of 321.03. We should have a stop loss in place at 327.85 in case the stock starts to move towards the trade. As a rule, any resistance test is a short signal. In this case, if resistance, 327.09, is tested, a short signal will exist. Because this plan is a short plan based on a resistance test, it is referred to as a short resistance plan.

DIA ratings for March 15:






Term → Near Middle
Long
Assessment Weak Neutral Neutral
P1 0 0 307.16
P2 316.57 318.42 327.74
P3 321.03 327.09 346.60

Triggers may have already arrived

Chart of DIA with long-term pivots

DIA Long Term Analysis for March 15, 2023

Blue = Current price
Red = Resistance
Green = Support

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

Warning:

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

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

Instructions for use:

The rules governing the data in this report are the rules for technical analysis. For example, if DIA tests support, buy signals appear, and resistance is the target. Conversely, if resistance is tested, it is a sign of controlling risk or short, and support will 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 also acts as a level of risk control.

Swing Trades, Day Trades and Long Term Trading Plans:

This data is refined to distinguish between trading plans for Day Trading, Swing Trading and long term investment plans for DIA as well. All of these are offered below the summary table.

Basic diagrams for DIA:

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