137 days ago • Posted by Martin Boujol

DJIA ETF might be a little overbought

Out of the major US index ETF, it seems that the DIA (tracking the 30 stocks of the Dow Jones) is the most extended, as it trades at more than twice its standard deviation above its 50-day simple moving average.

Source: Bespoke Investment

DJIA ETF might be a little overbought
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