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Below we highlight the 30 Dow members with respect to their various trading ranges. 

After the recent volatility in the markets (S&P 500 +2.9% on Tuesday, -1.8% yesterday) some of these stocks are on the move.  BAC had traded at its theoretical high of $34 and has declined over the last five days (through Wednesday) into it "normal" range.  XOM continues to show weakness as it is 4.7% below the lower end of its range while JNJ is approaching its theoretical high.

Click on the image for a PDF version and explanation

Dow_30_obos080708

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This article has 3 comments:

  •  
    Aug 07 06:06 PM
    Interesting chart....

    What is the significance of the Money Flow indicator?

    Thanks
  •  
    Aug 08 08:26 PM
    "JNJ is approaching its theoretical high"... How do you calculate the theoretical high or low. Thanks.
  •  
    Aug 16 07:56 AM
    What is more important than listing trading ranges on these Dow components is listing the number of those Dow components that are being manipulated by their individual specialists for their own personal profits. Alcoa's specialist for example has set his issue up for a major decline in price in the coming two months.

    For more information on how this is done click on my web page and read the stock reports on AA and also read the documentation on how these individuals manipulate their issues at the expense of the investor. You have nothing to lose except the amount of time it takes you to read the information and you have a great deal to gain if you follow what they are doing and buy when they buy and sell when they sell.

    Richard

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