
Technical analysis of Dow Jones Industrial Average (index) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
The Dow Jones Industrial Average is a stock index that tracks the performance of a basket of publicly listed companies in the United States. The index represents one of the main indicators of the performance of the U.S. stock market.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 4, 2026, computed on the last 12 months of prices.
21 sessions
53,483.47 $
−0.13%
50 sessions
52,944.79 $
+0.89%
200 sessions
49,857.82 $
+7.13%
s2
53,112.57
Support
s1
53,399.34
Support
pivot
53,572.92
Pivot
r1
53,859.69
Resistance
r2
54,033.27
Resistance
In the September 4, 2026 session Dow Jones Industrial Average closed lower at 53,414.25 $, −0.51% versus the previous session.
The price sits mixed against its moving averages: −0.13% against the 21-session average, +0.89% against the 50 and +7.13% against the 200.
The 14-period RSI reads 52.5, in neutral territory.
MACD stands at 110.205 against a signal line at 168.704: the histogram is negative (−58.499).
ADX reads 12.2, indicating weak directionality.
Levels computed on the latest session place supports at 53,399.34 and 53,112.57 $ and resistances at 53,859.69 and 54,033.27 $, around a pivot of 53,572.92.
The average daily range (ATR) is 462.352 $, or 0.87% of price.
Turnover was 381.1M shares, 89% of the 20-session average.
Over the last twelve months the price ranged between 45,057.28 and 54,744.33 $, and today stands −2.43% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Dow Jones Industrial Average analysed technically?
Technical analysis of Dow Jones Industrial Average is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Dow Jones Industrial Average?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Dow Jones Industrial Average?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Dow Jones Industrial Average it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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