INVESCO DB COMMODITY INDEX T (DBC) Stock Technical Analysis
NYSEARCA:DBC - NYSE Arca - US46138B1035 - ETF - Currency: USD
Taking everything into account, DBC scores 1 out of 10 in our technical rating. DBC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
68% of all other stocks performed better in the past year than DBC.
DBC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DBC is lagging the market.
DBC has an average volume of 1592370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month DBC has a been trading in a tight range between 20.49 and 21.62.
Considerably lower volume is observed in the last couple of days.
DBC 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
19.96
24.18
2 important support areas can be observed.
- Support @20.76 from a horizontal line in the weekly time frame.
- Support @20.16 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 21.11 to 21.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.87 to 21.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.36 from a trend line in the daily time frame.
- A resistance zone ranging from 22.81 to 22.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 23.75 to 23.94. 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 DBC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DBC is neutral. |
| ChartMill Relative Strength | 32.51 | NEUTRAL | DBC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DBC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DBC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DBC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.97 | NEUTRAL | The RSI value for DBC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DBC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.46 | NEUTRAL | The Stochastics value for DBC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.18 | LOW VOLATILITY | The low ATR as a percentage value for DBC suggests low volalility. |
| Average Directional Index/ADX (14) | 13.08 | NEGATIVE | The low ADX value for DBC 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)
NYSEARCA:DBC (5/29/2025, 1:48:23 PM)
21.025
-0.12 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.59%
1 Week-1.31%
2 Weeks-2.04%
1 Month0.91%
3 Month-3.86%
6 Month-4.47%
12 Month-9.11%
2 Year-4.08%
3 Year-26.56%
5 Year79.54%
10 Year19.42%
15 Year-3.69%
Volatility
ATR(14)0.23
ATR(20)%1.18%
ATR Inc-6.38%
Range Today0.11
ADR(20)0.18
ADR(20)%0.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.51
Mansfield-0.74
10 Day High21.57
10 Day Low21.11
20 Day High21.62
20 Day Low20.49
52 Week High23.9
52 Week Low19.84
CS1 End20.76
CR1 Start21.21
Volume & EV
DER(3)2.54%
DER(5)0.79%
Volume220.65K
Volume Incr-46.17%
Vol(5)643.08K
Vol(50)1.59M