Db-X Msci Brazil Currency Hedge (DBBR) Technical Analysis
NYSEARCA:DBBR
Current stock price
DBBR Technical Rating and Analysis
Taking everything into account, DBBR scores 1 out of 10 in our technical rating. DBBR 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 DBBR has a been trading in the 11.89 - 13.58 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: DBBR has an average volume of 3068 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- 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, DBBR outperforms 56% of them, which is more or less in line with the market.
- DBBR 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 DBBR is lagging the market slightly.
DBBR Weekly and Daily overview Charts
DBBR Setup Rating and Analysis
The technical rating of DBBR 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
DBBR Support and Resistance Analysis
11.27
3 important support areas can be observed.
- A support zone ranging from 11.95 to 12.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.75 from a trend line in the daily time frame.
- Support @11.38 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.19 to 13.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
DBBR Technical Indicator Signal Analysis
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 DBBR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DBBR is down. |
| ChartMill Relative Strength | 56.09 | NEUTRAL | DBBR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DBBR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DBBR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DBBR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 27.78 | OVERSOLD | The low RSI value suggests DBBR may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests DBBR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.77 | OVERSOLD | The low Stochastics value suggests DBBR may be oversold. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for DBBR suggests low volalility. |
DBBR Chart- and CandleStick Pattern Analysis
DBBR Technicals: Chart, Performance Metrics, Trend & Indicators
Db-X Msci Brazil Currency Hedge
NYSEARCA:DBBR (5/31/2018, 8:47:51 PM)
12.06
+0.01 (+0.08%)
Db-X Msci Brazil Currency Hedge / DBBR TA FAQ
What is the technical rating for DBBR stock?
ChartMill assigns a technical rating of 1 / 10 to DBBR.
Can you provide the trend direction for Db-X Msci Brazil Currency Hedge?
The current trend direction for Db-X Msci Brazil Currency Hedge (DBBR) is Bearish.
Can you provide the RSI signal for Db-X Msci Brazil Currency Hedge?
Db-X Msci Brazil Currency Hedge (DBBR) has an RSI value of 27.7842. This indicates that the stock is currently oversold.
What is the MACD signal for DBBR stock?
The MACD indicator for Db-X Msci Brazil Currency Hedge (DBBR) has a value of -0.129662, indicating a bearish trend.
Can you provide the support and resistance levels for Db-X Msci Brazil Currency Hedge?
Db-X Msci Brazil Currency Hedge (DBBR) has a support level at 12.05 and a resistance level at 13.19. Check the full technical report for our detailed analysis of DBBR support and resistance levels.