INVESCO DB AGRICULTURE FUND (DBA) Stock Technical Analysis
NYSEARCA:DBA - NYSE Arca - US46140H1068 - ETF - Currency: USD
Overall DBA gets a technical rating of 2 out of 10. DBA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month DBA has a been trading in the 26.01 - 27.59 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, DBA outperforms 53% of them, which is more or less in line with the market.
DBA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DBA is lagging the market.
DBA has a poor technical rating and the quality of the setup is also only medium 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
23.06
28.66
We found 3 important support areas.
- A support zone ranging from 25.85 to 25.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 25.19 to 25.27. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @23.29 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 26.55 to 28.38. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for DBA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DBA is down. |
| ChartMill Relative Strength | 53.41 | NEUTRAL | DBA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DBA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DBA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DBA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.43 | NEUTRAL | The RSI value for DBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests DBA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.12 | OVERSOLD | The low Stochastics value suggests DBA may be oversold. |
| Average True Range in percent/ATR (20) | 0.98 | LOW VOLATILITY | The low ATR as a percentage value for DBA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.24 | NEGATIVE | The low ADX value for DBA suggests a weak or negative 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)
26.33
+0.19 (+0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.73%
1 Week-0.3%
2 Weeks-2.52%
1 Month-0.9%
3 Month-0.53%
6 Month1.86%
12 Month10.63%
2 Year24.96%
3 Year29.2%
5 Year94.96%
10 Year12.76%
15 Year9.75%
Volatility
ATR(14)0.24
ATR(20)%0.98%
ATR Inc-11.87%
Range Today0.25
ADR(20)0.23
ADR(20)%0.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.41
Mansfield-0.57
10 Day High27.2
10 Day Low26.01
20 Day High27.59
20 Day Low26.01
52 Week High28.49
52 Week Low22.79
CS1 End25.85
CR1 Start26.55
Volume & EV
DER(3)-3.49%
DER(5)-0.43%
Volume91.10K
Volume Incr13.15%
Vol(5)335.46K
Vol(50)303.43K