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ASSIGNMENT NO 2

Fundamental And
Technical Analysis of
Dow Jones
Trading and Exchange

Submitted by Muhammad Suleman Usama Khan
# L1S14MBAM0041

Submitted To:

Sir Nizam Feroz

or simply the Dow market. which is majority owned by McGraw-Hill Financial. It is an index that shows how 30 large publicly owned companies based in the United States have traded during a standard trading session in the stock market. is a stock market index. Currently owned by S&P Dow Jones Indices. of which the first (non-industrial) was first published on February 16. . 1885. it is the most notable of the Dow Averages. The industrial average was first calculated on May 26. 1896. the Dow 30.Introduction: The Dow Jones Industrial Average is also called the Industrial Average.

open at 17. is turning its activism defense team into a broader advisory group after the team’s leader. and The Boeing etc.36 The market was bearish because most of the performers went worst. (CAT).728. The worst performers of the session were Cater pillar Inc. as the investors garner more money and institutional backing.36 and the lowest price was about 17. The news was about Goldman Sachs Group Inc.734. Chevron corporation (CVX).564..08 and close at 17. General electric (GE) etc. Except of bad performers the companies which outperform during the day were Apple Inc.683. left for Even core Partners Inc. Goldman Sachs is seeking to provide advice to companies on potential reactions and pressure from other shareholders. . Banks have built up practices in recent years that advice companies on how to deter and respond to activists.58). the main heading of the news was “Goldman Expands Activism Defense Group after Anderson Departure”. During the day the stock traded at highest price of 17. William Anderson. News released on 6-july-2015 was about one of the listed company in the US-30.e.6-july-2015 Explanation: On 6-july-2015 the trend in the US-30 or Dow Jones industrial was bearish which shows that market’s closing was at low than its opening (i. American Express Company.

77 .36 = 17587.77 – (17757.59 S1 = 2*17660.Pivot Point: Pivot point= (H + L + Adjustment) / 3 = 17734.36+17564.17564.18) =17490.36+17683.17734.18 S2= 17660.18 – 17564.58/3 = 17660.77 + (17757.77 .High • S2 = Pivot – (R1 – S1) R1 = 2*17660.18 R2 = 17660.36) = 17853.18 .36 = 17757.17587.77 • R2 = PP + (R1 – S1) • R1 = 2 * PP – Low • PP • S1 = 2 * PP .77 .

.000 mark on Wednesday to a seven-week low on concerns about a meltdown in Chinese shares and Greece's debt crisis.92 and close at 17.776. Cater Pillar (CAT) and DD etc.000. open at 17.91). (APPL). the main heading of the news were “Japan's Nikkei falls below 20. On the other hand the companies those went worst were Apple Inc.e. and The Goldman Sachs Group (GS).45 and the lowest price was about 17. General Electric (GE). On 7-july-2015 news was released about the economy of japan. The well performers of the session were The Boeing Company (BA). Japan's Nikkei share average fell below the psychologically important 20. . Cisco system Inc. American Express Company (AXP).68 The market was bullish because most of the companies performed very well. hits 7-week low”. During the day the stock traded at highest price of 17.793.465.684.7-july-2015 Explanation: On 7-july-2015 the trend in the US-30 or Dow Jones industrial was bullish which shows that market’s closing was at high than its opening (i. The Walt Disney (DIS).

17793.91 .68 High = 17793.17563.68 .68 – (17891.68 + 17776.68 R2 = 17678.68-17563.91 / 3 = 17678.68 .68 =17891.68 .Pivot point: Pivot point= (H + L + Adjustment) / 3 = 17793.45 Low= 17465.17465.68 • R2 = PP + (R1 – S1) • R1 = 2 * PP – Low • PP • S1 = 2 * PP .45 = 17563.68 + (17891.91 S2= 17678.91) = 17350.91) =18006.High • S2 = Pivot – (R1 – S1) R1 = 2 * 17678.45 + 17465.45 S1 = 2 * 17678.

22 The market was bearish because most of the performers went worst. open at 17. and The Boeing etc. joining a broad fixed-income rally amid Greece's standoff with creditors even after Puerto Rico declared its $72 billion of debt un-payable.42).01 and the lowest price was about 17.496.515.S. Chevron corporation (CVX).759. . The worst performers of the session were Cater pillar Inc. During the day the stock traded at highest price of 17. General electric (GE) etc. Except of bad performers the companies which outperform during the day were Apple Inc.8-july-2015 Explanation: On 8-july-2015 the trend in the US-30 or Dow Jones industrial was bearish which shows that market’s closing was at low than its opening (i. (CAT). American Express Company. taxexempt debt are the lowest since May.01 and close at 17.e. Yields on U. On 8-july-2015 a news was released under the main heading “Muni Yields Driven Lower by Greece as Puerto Rico Woes Ignored”..759.

22 = 17684.20 .00 S1= 2* 17590.22 • R2 = PP + (R1 – S1) • R1 = 2 * PP – Low • PP • S1 = 2 * PP .01 + 17.21 + (17684.Pivot point Pivot point= (H + L + Adjustment) / 3 = 17.17759.42 .17496.17421.21 – (17684.01 Low= 17496.496.22 + 17515.High • S2 = Pivot – (R1 – S1) R1 = 2* 17590.20 – 17421.41) = 17853.42 / 3 =17590.20 R2 = 17590.21 .759.41 S2= 17590.01 = 17421.21 High = 17759.41) = 17327.21 .

764.4 percent as banks recovered from Wednesday’s drop. Cisco system Inc.38 and close at 17. On the other hand the companies those went worst were Apple Inc. stocks advanced with global markets as Chinese equities rebounded the most since 2009. On 9-july-2015 a news was released under the main heading of “U. (APPL).530. while semiconductors retreated for a fourth day. . Shares pared an early rally as Greece approached a deadline for securing a bailout.S.62). and The Goldman Sachs Group (GS) etc. easing concern over economic growth. Walgreens Boots Alliance Inc.548. open at 17. and Bank of America Corp.38 The companies performed very well on 9-July were Cater Pillar (CAT). General Electric (GE).85 and the lowest price was about 17. Apple Inc. slid 2 percent to lead technology shares lower. The Walt Disney (DIS). Greek Deadline Looms” The overall bullish trend at US-30 was because of.9-july-2015 Explanation: On 9-july-2015 the trend in the US-30 or Dow Jones industrial was bullish which shows that market’s closing was at high than its opening (i.e. Stocks Advance after China Rebounds. DD.S. as U.2 percent after quarterly profits topped analysts’ projections. increased more than 1. During the day the stock traded at highest price of 17. gained 4. American Express Company (AXP). Citigroup Inc.530..

39) = 17380.86 .62 + (17698.85 Low= 17530.38 • R2 = PP + (R1 – S1) • R1 = 2 * PP – Low • PP • S1 = 2 * PP .Pivot point Pivot point= (H + L + Adjustment) / 3 = (17764.17764.62 .86 – 17464.17464.09 S1= 2*17614.62) / 3 = 17614.39) = 17849.85 + 17530.39 S2= 17614.High • S2 = Pivot – (R1 – S1) R1 = 2 * 17614.86 R2= 17614.38 = 17698.17530.62 – (17698.62 High = 17764.38 + 17548.62 .15 .85 = 17464.

10-july-2015 Explanation: On 10-july-2015 the trend in the US-30 or Dow Jones industrial was bullish which shows that market’s closing was at high than its opening (i.7 percent. DD.7 percent to halt a fivesession slide and pace gains among technology shares. Apple Inc.760.561. During the day the stock traded at highest price of 17. U.9 percent after the carrier trimmed domestic growth plans this year.12 The companies performed very well on 9-July were Apple Inc. and JPMorgan Chase & Co. climbed 2.41). China Shares”.4 percent as banks gained for a second day. rose more than 2.e. On the other hand the companies those went worst were American Express Company (AXP). jumped 3. amid optimism that proposals Greece submitted to its creditors will pave the way for a bailout. stocks joined a global rally. (APPL).12 and close at 17.49 and the lowest price was about 17. with the Nasdaq Composite Index posting its best advance since January.797. Stocks Rise Amid Optimism on Greece Proposals. Citigroup Inc. Cater Pillar (CAT). increased at least 1. (CSCO). and The Goldman Sachs Group (GS) etc.S. Cisco system Inc.S. . open at 17.561. Chevron Corporation (CVX). General Electric (GE). On 9-july-2015 news was released under the main heading of “U. The Boeing (BA). American Airlines Group Inc. The Walt Disney (DIS). and Broadcom Corp. Semiconductors rebounded as Avago Technologies Ltd.

34 + (17851.12 R2 = PP + (R1 – S1) • R1 = 2 * PP – Low • PP • S1 = 2 * PP .71 S1= 2 * 17706.19) = 17469.34 .49 = 17615.17797.49 + 17561.49 Low= 17561.34 – (17851.56 R2 = 17706.97 .56 – 17615.High • S2 = Pivot – (R1 – S1) R1= 2 * 17706.34 High = 17797.19 S2 = 17706.41) / 3 = 17706.12 = 17851.56 .34 .19) = 17942.17615.17561.Pivot point Pivot point= (H + L + Adjustment) / 3 = (17797.12 + 17760.

Forecasting: As we had seen that initially The Dow Jones 30 fell during the start of the week. and I hope so that the market then go to the price of 18. The hammer is a bullish sign. so we can say that the market will move in a upward momentum.500 level to turn things back around and form a hammer.200 or may be higher than that. . but later on we found that enough support at the 17. which means that the market will be bullish in the upcoming week.