Taking everything into account, DBA scores 3 out of 10 in our technical rating. In the past year, DBA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
DBA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 26.48, a Stop Loss order could be placed below this zone.
More info and screens
25.02
When analyzing the support we notice one important area.
- A support zone ranging from 25.27 to 26.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 27.18 to 27.18. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for DBA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DBA is up. |
| ChartMill Relative Strength | 31.81 | 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) | DOWN | MIXED | The current price of DBA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DBA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.15 | NEUTRAL | The RSI value for DBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests DBA has a positive trend. |
| Stochastics (14,3) | 91.04 | OVERBOUGHT | The high Stochastics value suggests DBA may be overbought. |
| Average True Range in percent/ATR (20) | 0.81 | LOW VOLATILITY | The low ATR as a percentage value for DBA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.42 | NEGATIVE | The low ADX value for DBA suggests a weak or negative trend. |
26.64
+0.15 (+0.57%)
INVESCO DB AGRICULTURE FUND / DBA FAQ
What is the ChartMill technical rating of INVESCO DB AGRICULTURE FUND (DBA) stock?
ChartMill assigns a technical rating of 3 / 10 to DBA.
What is the trend direction for DBA stock?
The current trend direction for INVESCO DB AGRICULTURE FUND (DBA) is Bearish.
What is the RSI signal for DBA stock?
INVESCO DB AGRICULTURE FUND (DBA) has an RSI value of 57.1531. This indicates that the stock is currently neutral.
Can you provide the MACD signal for INVESCO DB AGRICULTURE FUND?
The MACD indicator for INVESCO DB AGRICULTURE FUND (DBA) has a value of 0.0607276, indicating a bearish trend.