Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

On Friday Dow Jones Industrial Average traded within the range of 17,867.41-17,937.65. The benchmark closed at 17,897.46, shedding 0.16% (28.97 points) on a daily basis. It has been the 22nd drop in the past 53 trading days. In weekly terms, the Dow added 1.82% to its value during the past week. It has been the 9th gain in the past 15 weeks and also the sharpest one since the week ended on March 20th. The blue-chip gauge has surged 1.20% so far in April, after going up 7.08% in the preceding month.

Among the companies included in the benchmark, 15 registered a decline and 15 recorded gains on Friday. The shares of Apple Inc (AAPL) recorded the worst performance within the Dow on April 15th, going down 2.01% to close at $109.85. It has been the 8th drop in the past 20 trading days. April 15th low of $109.73 per share has been the lowest price level since April 12th, when a low of $108.66 a share was registered. In addition, the daily trading volume (46.94M) has been the highest since March 1st. Apple shares have trimmed their advance to 0.79% so far during the current month, following a 12.72% surge in March.

Goldman Sachs Group Inc (GS) was the second worst performer within the DJIA on April 15th, falling 1.49% to close at $158.52 per share. It has been the 10th drop in the past 20 trading days and also the sharpest one since April 7th, when Goldman stock plummeted 3.08%. April 15th low of $158.20 per share has been the lowest price level since April 13th, when a low of $156.38 was recorded. Goldman shares have cut their advance to 0.98% so far in April, following a 4.98% increase in March.

At the same time, the shares of Coca-Cola Company (KO) recorded the most notable daily increase within the DJIA on April 15th, going up 0.61%, to close at $46.10, while marking their 11th gain in the past 20 trading days. April 15th high of $46.16 per share has been a lower-high test of the high from April 14th. In addition, the daily trading volume (13.65M) has been the highest since April 1st. Coca-Cola stock has fallen 0.63% so far during the current month, following two consecutive months of advance.

Microsoft Corporation (MSFT) was the second best performer within the Dow on Friday, advancing 0.52%, to close at $55.65. It has been the 12th gain in the past 20 trading days and also a fourth consecutive one. April 15th high of $55.92 per share has been the highest price level since December 31st 2015, when a high of $56.19 per share was registered. In addition, the daily trading volume (28.79M) has been the highest since March 18th. Microsoft shares have added 0.76% to their value so far in April, following an 8.55% advance in the prior month.

In weekly terms, 4 shares registered a decline last week and 26 recorded gains.

Daily and Weekly Pivot Levels

By employing the Camarilla calculation method, the Monday pivot levels for DJIA are presented as follows:

R1 – 17,903.90
R2 – 17,910.34
R3 (range resistance) – 17,916.78
R4 (range breakout) – 17,936.09

S1 – 17,891.02
S2 – 17,884.58
S3 (range support) – 17,878.14
S4 (range breakout) – 17,858.83

By using the traditional method of calculation, the weekly pivot levels for DJIA are presented as follows:

Central Pivot Point – 17,804.39
R1 – 18,055.21
R2 – 18,212.96
R3 – 18,463.78

S1 – 17,646.64
S2 – 17,395.82
S3 – 17,238.07

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Forex Market: EUR/AUD daily forecastForex Market: EUR/AUD daily forecast During yesterday’s trading session EUR/AUD traded within the range of 1.4400-1.4540 and closed at 1.4414.At 7:43 GMT today EUR/AUD was gaining 0.32% for the day to trade at 1.4450. The pair touched a daily high at 1.4470 at 2:45 […]
  • Stock market turns risky after Fed’s decision not to taperStock market turns risky after Fed’s decision not to taper Last weeks Wednesday the Dow Jones Industrial Average jumped 147 points Wednesday, returning to record territory after the Fed put off cuts decision. But it gave it all back on Thursday and Friday, falling 226 points and finishing the week at […]
  • Gold trading outlook: futures trade near 3-week highs as the US Dollar trims earlier gains, US data now in focusGold trading outlook: futures trade near 3-week highs as the US Dollar trims earlier gains, US data now in focus On Tuesday (in GMT terms) gold for delivery in December traded within the range of $1,262.4-$1,277.5. Futures closed at $1,273.6, rising 0.78% compared to Monday’s close. It has been the 173rd gain in the past 366 trading days and also the […]
  • Forex Market: USD/BRL daily trading forecastForex Market: USD/BRL daily trading forecast Yesterday’s trade saw USD/BRL within the range of 2.4235-2.4721. The pair closed at 2.4612, unchanged on a daily basis.At 8:53 GMT today USD/BRL was unchanged for the day to trade at 2.4612. The pair touched a daily low at 2.4598 at 5:00 […]
  • Grain futures fall following USDA reportGrain futures fall following USDA report U.S. grain futures were mixed on Thursday, but eventually marked losses following USDAs report.On the Chicago Mercantile Exchange, soybeans futures for July delivery traded at $15.3138 a bushel at 11:38 GMT, down 0.56% on the day. Prices […]
  • Forex Market: USD/CAD daily trading forecastForex Market: USD/CAD daily trading forecast Yesterday’s trade saw USD/CAD within the range of 1.2827-1.2951. The pair closed at 1.2865, slipping 0.55% on a daily basis, while extending the loss from Wednesday. The daily low has been the lowest level since July 15th, when a low of 1.2719 […]