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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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  •  
    Interesting chart....

    What is the significance of the Money Flow indicator?

    Thanks
    2008 Aug 07 06:06 PM | Link | Reply
  •  
    "JNJ is approaching its theoretical high"... How do you calculate the theoretical high or low. Thanks.
    2008 Aug 08 08:26 PM | Link | Reply
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