Dow Jones Industrial Average — TradingView (2024)

FAQs

What is the Dow Jones Industrial Average on Tradingview? ›

The current value of Dow Jones Industrial Average Index is 40,563.07 USD — it has risen by 1.39% in the past 24 hours. Track the index more closely on the Dow Jones Industrial Average Index chart.

Key Takeaways. The Dow Jones Industrial Average measures the daily price movements of 30 large American companies on the Nasdaq and the New York Stock Exchange. The components are chosen from all the major sectors of the economy except for the transportation and utility industries.

The DJIA reflects the performance of 30 stocks of leading U.S. blue-chip companies. The index has undergone several changes over the years. In 1916, the DJIA components were updated from 12 stocks to 20 components. They were then raised to 30 stocks in 1928, which remains the rule today.

Key Takeaways

The DJIA tracks the stock prices of 30 of the biggest American companies. The S&P 500 tracks 500 large-cap American stocks. Both offer a big-picture view of the state of the stock markets in general.

The Dow Jones Industrial Average is a widely-watched benchmark index in the U.S. for blue-chip stocks. The DJIA is a price-weighted index that tracks 30 large, publicly-owned companies trading on the New York Stock Exchange and the Nasdaq. The DJIA's composition can change over time based on economic trends.

The Dow Jones Industrial Average, also known as the DJ30 (US30), is the weighted price average of the 30 most significant stocks that are traded on the NASDAQ and New York stock exchange.

Short for Dow Jones Industrial Average, this market indicator consists of stocks belonging to 30 large publicly traded U.S companies chosen based on their quality and representation of major segments within the economy. It is widely considered a proxy for the overall stock market.

Furthermore, the DJIA does not use a weighted arithmetic mean. The value of the index can also be calculated as the sum of the stock prices of the companies included in the index, divided by a factor, which is approximately 0.152 as of April 2024.

The SPDR Dow Jones Industrial Average ETF Trust (DIA) is the top (and only) exchange-traded fund tracking the Dow.

However, its bankruptcy following the financial crisis led to its removal. Since then, the Dow has gone more than a decade without representation from the auto industry. Many investors note that Tesla's potential goes well beyond its vehicle manufacturing. For now, though, Tesla is squarely focused on cars and trucks.

Do you buy or sell in a bullish market? ›

As asset prices go up and deliver gains, more people are encouraged to buy and continue the rally. Since bull markets tend to happen when the economy is strong, investors generally feel good about their financial situation and have more money to put into the market.

The S&P 500 is considered a better reflection of the overall stock market's performance (all sectors) compared to the Nasdaq Composite and the Dow. However, the downside to including more sectors is volatility. Thus, the S&P 500 tends to be more volatile than the Dow.

That's because the S&P 500 is closer to the growth end of the growth-vs. -value spectrum than the Dow is. Since historically market leadership has oscillated between the two stock styles, a large S&P 500 lead is often followed by just the opposite.

Neither index is inherently better or worse than the other. The main difference between the Nasdaq and Dow Jones relates to which companies (and how many companies) are tracked by them.

Dow Jones Index (#US30): Your Trading Plan Explained Dow Jones is currently stuck on a key daily/intraday horizontal resistance. The price is trading within a narrow range on that on a 4H time frame.

Trading Dow Jones (US30) is dedicated to active traders who have no problem with portfolio volatility caused by financial leverage.

It comprises 30 large, publicly-traded companies in the US, and it serves as a meaningful indicator of the overall health of the US economy. Traders often use US30 as a barometer for market sentiment and direction. Its volatility offers ample trading opportunities, but also presents increased risk.

The indicator was generated by adding the Dow Factor to the Stochastic Relative Strength Index. ( Stoch RSI ) The Dow factor is the effect of the correlation coefficient, which determines the relationship between volume and price, on the existing indicators.