Below is a snapshot of where the 30 Dow Jones Industrial Average stocks stand ahead of today’s open.  Using our Trend Analyzer, we’ve sorted the stocks by distance from 50-day moving average.  Microsoft (MSFT) is currently the farthest above its 50-day at +6.01%, followed by Walt Disney (DIS), Nike (NKE), Verizon (VZ), and Visa (V).

Two-thirds of stocks in the Dow are above their 50-DMAs, while a third are below them.  Caterpillar (CAT) is currently the farthest below its 50-day at -4.93%, while Cisco (CSCO) is not far behind at -4.49%.  Goldman Sachs (GS), JP Morgan (JPM), McDonald’s (MCD), and Intel (INTC) are all more than 2% below their 50-DMAs.

Looking at the “trading range” section of our Trend Analyzer, MSFT, DIS, V, and WMT are the most overbought relative to their normal trading ranges.  Even though WMT is down 11.19% YTD, it has seen a big move higher within its downtrend channel over the past week, leaving it more than two standard deviations above its 50-day moving average.  When a stock in a long-term downtrend gets this overbought, we give it a “bad” timing score.  (Read more about our proprietary Trend and Timing scores at the bottom of our Trend Analyzer page.)

In terms of year-to-date performance, three stocks in the Dow are up more than 20% YTD — Microsoft (MSFT), Nike (NKE), and Visa (V).  Notably, there are six Dow stocks that are down more than 10% YTD as well — Procter & Gamble (PG), Wal-Mart (WMT), 3M (MMM), General Electric (GE), Goldman Sachs (GS), and Caterpillar (CAT).  GE is down the most YTD at -20.40%.

You can build your own portfolios of stocks and ETFs to monitor with our Trend Analyzer tool.  For access, start a two-week free trial to Bespoke Premium or Bespoke Institutional.

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