PowerShares DB Base Metals Dble Shrt ETN (BOM) Stock Technical Analysis
NYSEARCA:BOM - NYSE Arca -
Taking everything into account, BOM scores 0 out of 10 in our technical rating. BOM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
95% of all other stocks performed better in the past year than BOM.
In the last month BOM has a been trading in the 7.99 - 11.46 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: BOM has an average volume of 632 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
BOM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BOM is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
The technical rating of BOM is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.76
11.46
3 important support areas can be observed.
- Support @7.97 from a horizontal line in the weekly time frame.
- Support @7.57 from a trend line in the daily time frame.
- Support @6.83 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 8.65 to 8.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.89 from a trend line in the daily time frame.
- Resistance @11.35 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BOM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BOM is down. |
| ChartMill Relative Strength | 5.61 | NEGATIVE | BOM has a low relative strength, it was outperformed by 94.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BOM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BOM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BOM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.63 | NEUTRAL | The RSI value for BOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests BOM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.52 | OVERSOLD | The low Stochastics value suggests BOM may be oversold. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for BOM suggests some volalility. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
PowerShares DB Base Metals Dble Shrt ETN
NYSEARCA:BOM (4/1/2019, 8:04:01 PM)
7.985
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week-7.69%
2 Weeks-23.95%
1 Month-30.32%
3 Month-32.22%
6 Month-13.02%
12 Month-31.28%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%3.7%
ATR Inc-39.34%
Range Today0
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.61
Mansfield-1.61
10 Day High9.85
10 Day Low7.99
20 Day High11.46
20 Day Low7.99
52 Week High12.41
52 Week Low4.24
CS1 End7.97
CR1 Start8.65
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-91.67%
Vol(5)100
Vol(50)632