INVESCO DB COMMODITY INDEX T (DBC)

US46138B1035 - ETF

23  -0.34 (-1.46%)

After market: 23.01 +0.01 (+0.04%)

Technical Rating and Analysis

5

Taking everything into account, DBC scores 5 out of 10 in our technical rating. DBC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

DBC has an average volume of 1421660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, DBC outperforms 49% of them, which is more or less in line with the market.
DBC 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 DBC is lagging the market slightly.
In the last month DBC has a been trading in a tight range between 22.97 and 24.09.
Weekly and Daily overview Charts
DBC Weekly chart
DBC Daily chart
Setup Rating and Analysis

1

DBC has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

21.52

25.85

When analyzing the support we notice one important area.

  • A support zone ranging from 21.74 to 21.81. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 23.45 to 23.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @24.39 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 24.87 to 25.09. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A resistance zone ranging from 25.53 to 25.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.18
Mansfield-0.99
10 Day High23.78
10 Day Low22.97
20 Day High24.09
20 Day Low22.97
52 Week High25.63
52 Week Low21.62
Performance
1 Week-2.17%
2 Weeks-1.46%
1 Month-2.42%
3 Month5.46%
6 Month-6.81%
12 Month-0.61%
2 Year-20.14%
3 Year23.66%
5 Year52.02%
10 Year-11.64%
15 Year-0.99%
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)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)39.77
LBB23.1
UBB23.9
DBC Daily chart

INVESCO DB COMMODITY INDEX T

NYSEARCA:DBC (5/1/2024, 7:04:00 PM)

After market: 23.01 +0.01 (+0.04%)

23

-0.34 (-1.46%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.46%
1 Week-2.17%
2 Weeks-1.46%
1 Month-2.42%
3 Month5.46%
6 Month-6.81%
12 Month-0.61%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.27
ATR(20)%1.13%
ATR Inc
Range Today0.37
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High23.78
10 Day Low22.97
20 Day High24.09
20 Day Low22.97
52 Week High25.63
52 Week Low21.62
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.46M
Volume Incr-28.17%
Vol(5)1.20M
Vol(50)1.42M