State Street SPDR Dow Jones Industrial Average ETF Trust DIA
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
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About
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) Investment Strategy and Portfolio Holdings Overview
The State Street SPDR Dow Jones Industrial Average ETF Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the Dow Jones Industrial Average (the "Index")The Dow Jones Industrial Average (DJIA) is composed of 30 "blue-chip" U.S. stocksThe DJIA is the oldest continuous barometer of the U.S. stock market, and the most widely quoted indicator of U.S. stock market activityThe DJIA is a price weighted index of 30 component common stocks
Key Insights
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) Essential ETF Metrics and Performance Data
Average Daily Volume
5,668,026 Shares52-Week Range
$419.62-$515.90Total Outstanding Shares
87.59 Million SharesCurrent Dividend
$0.28 Per Share 12 Times a YearInception Date
January 13, 1998Website
https://www.ssga.com/us/en/institutional/etfs/state-street-spdr-dow-jones-industrial-average-etf-trust-dia