INVESCO DB AGRICULTURE FUND (DBA) Stock Technical Analysis
NYSEARCA:DBA - NYSE Arca - US46140H1068 - ETF - Currency: USD
Overall DBA gets a technical rating of 1 out of 10. DBA'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.
When comparing the yearly performance of all stocks, DBA is a bad performer in the overall market: 62% of all stocks are doing better.
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.
In the last month DBA has a been trading in a tight range between 25.59 and 26.29.
DBA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 25.67, a Stop Loss order could be placed below this zone.
More info and screens
24.56
28.66
2 important support areas can be observed.
- A support zone ranging from 25.27 to 25.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.81 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 25.85 to 26.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.90 from a horizontal line in the daily time frame.
- A resistance zone ranging from 27.64 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 | DOWN | NEGATIVE | The long term trend for DBA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DBA is down. |
| ChartMill Relative Strength | 38.57 | NEUTRAL | DBA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DBA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DBA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DBA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.43 | NEUTRAL | The RSI value for DBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DBA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 21.96 | NEUTRAL | The Stochastics value for DBA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.9 | LOW VOLATILITY | The low ATR as a percentage value for DBA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.75 | 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)
25.73
+0.06 (+0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.23%
1 Week-1.91%
2 Weeks-0.66%
1 Month0.08%
3 Month-4.77%
6 Month-6.67%
12 Month6.28%
2 Year18.35%
3 Year24.72%
5 Year74.56%
10 Year23.23%
15 Year-0.96%
Volatility
ATR(14)0.24
ATR(20)%0.9%
ATR Inc-9.1%
Range Today0.17
ADR(20)0.2
ADR(20)%0.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.57
Mansfield-0.96
10 Day High26.29
10 Day Low25.62
20 Day High26.29
20 Day Low25.59
52 Week High28.49
52 Week Low23.53
CS1 End25.67
CR1 Start25.85
Volume & EV
DER(3)-1.49%
DER(5)-1.96%
Volume128.40K
Volume Incr1.4%
Vol(5)208.00K
Vol(50)254.99K