STOCK MARKET - SHORT TERM TECHNICAL INDICATORS

(UPDATED AS OF THE U.S. CLOSE ON MONDAY, AUGUST 17)

DOW INDUSTRIALS

NASDAQ

S&P 500

STOCHASTICS

  Turning down slightly from high levels

   Turning down slightly from high levels

Turning down slightly from high levels

RELATIVE STRENGTH

   At 46

At 40

At 44

TIME/PRICE INDEX

 Changed to declining trend May 13 

  Changed to declining trend May 13    

 Changed to declining trend May 13 

PRICE MOMENTUM

Trading above neutral

Trading above neutral

Trading above neutral

MOVING AVERAGE CONVERGENCE (MACD)

Falling back to neutral

Falling back to neutral

Falling back to neutral

CHANNEL INDEX

Turning down toward neutral

Turning down toward neutral

Turning down toward neutral

40 DAY MOVING AVERAGE

At the average

At the average

 At the average

The short term indicators improved slightly but the longer term remains negative as stock market averages remain near low levels. 

Click on The Stock Market Technical Forecast for a more complete analysis. 

For a look at the charts, click on any of the links below, scroll down to read a computerized, different point of view of the technical indicators.

DOW INDUSTRIALS           NASDAQ              S&P 500

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