Dow Theory

GPTKB entity

Statements (35)
Predicate Object
gptkbp:instanceOf Financial theory
Stock market analysis method
gptkbp:appliesTo Stock market
Market indices
gptkbp:basisFor gptkb:Technical_analysis
gptkbp:category gptkb:Technical_analysis
Finance
Stock market
gptkbp:developedBy gptkb:Charles_Dow
gptkb:Edward_Jones
gptkb:Charles_H._Dow
gptkb:E._George_Schaefer
gptkb:Robert_Rhea
gptkb:William_Peter_Hamilton
gptkbp:firstDescribed 1900
https://www.w3.org/2000/01/rdf-schema#label Dow Theory
gptkbp:influenced gptkb:Elliott_Wave_Theory
Modern technical analysis
gptkbp:originatedIn Late 19th century
gptkbp:principle Closing prices are important
Market discounts everything
Market trends have three phases
Markets move in trends
Trends are confirmed by volume
Trends persist until clear reversal
Trends are confirmed by both industrial and transportation averages
gptkbp:publishedBy gptkb:Wall_Street_Journal
gptkbp:publishedIn gptkb:Wall_Street_Journal
gptkbp:relatedTo gptkb:Dow_Jones_Industrial_Average
gptkb:Dow_Jones_Transportation_Average
gptkbp:usedFor gptkb:Market_timing
Identifying market trends
Investment decision making
gptkbp:bfsParent gptkb:Charles_Dow
gptkbp:bfsLayer 5