DOW JONES OVERVIEW: TRAVELERS IN FIRM 10-YEAR UPTREND
Travelers is the second best looking stock in our Dow Jones Overviews so far (after Nike)
On long term basis it is trading firmly above 10-year uptrend border - 1st standard deviation from 10-year mean (at 87.75) - and did not even tag it during the August market-wide sell-off
Price is also currently testing the 5-year uptrend, trading close to its border - the 1st standard deviation from 5-year mean (at 100.25)
On short term perspective nothing stops the price from trending upwards - as it is showing no trends here (trading within 1-st standard deviations from 1-year and quarterly means)
On long term basis it is trading firmly above 10-year uptrend border - 1st standard deviation from 10-year mean (at 87.75) - and did not even tag it during the August market-wide sell-off
Price is also currently testing the 5-year uptrend, trading close to its border - the 1st standard deviation from 5-year mean (at 100.25)
On short term perspective nothing stops the price from trending upwards - as it is showing no trends here (trading within 1-st standard deviations from 1-year and quarterly means)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.