INVESCO DB AGRICULTURE FUND (DBA) Stock Technical Analysis
USA - NYSEARCA:DBA - US46140H1068 - ETF
27.91 USD
+0.41 (+1.49%)
27.86 USD
-0.05 (-0.18%)
Overall DBA gets a technical rating of 8 out of 10. Although DBA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
DBA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DBA is lagging the market slightly.
When comparing the performance of all stocks over the past year, DBA turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
In the last month DBA has a been trading in a tight range between 26.89 and 28.01.
Although DBA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
25.02
28.66
We found 2 important support areas.
- A support zone ranging from 27.05 to 27.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.27 to 26.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 28.17 to 28.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for DBA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DBA is up. |
| ChartMill Relative Strength | 56.72 | NEUTRAL | DBA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DBA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DBA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DBA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.77 | NEUTRAL | The RSI value for DBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DBA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 65.98 | NEUTRAL | The Stochastics value for DBA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.88 | LOW VOLATILITY | The low ATR as a percentage value for DBA suggests low volalility. |
| Average Directional Index/ADX (14) | 34.68 | POSITIVE | The high ADX value value for DBA suggests a strong trend. |
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)
27.91
+0.41 (+1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.49%
1 Week2.38%
2 Weeks0.5%
1 Month3.14%
3 Month5.68%
6 Month4.38%
12 Month9.62%
2 Year30.36%
3 Year39.41%
5 Year89.35%
10 Year33.67%
15 Year1.56%
Volatility
ATR(14)0.25
ATR(20)%0.88%
ATR Inc39.6%
Range Today0.22
ADR(20)0.2
ADR(20)%0.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.72
Mansfield-0.59
10 Day High28.01
10 Day Low27.08
20 Day High28.01
20 Day Low26.89
52 Week High28.49
52 Week Low24.78
CS1 End27.83
CR1 Start28.17
Volume & EV
DER(3)3.74%
DER(5)4.23%
Volume204.00K
Volume Incr-27.87%
Vol(5)170.72K
Vol(50)207.27K