INVESCO DB COMMODITY INDEX T (DBC) Stock Technical Analysis
NYSEARCA:DBC - NYSE Arca - US46138B1035 - ETF - Currency: USD
Overall DBC gets a technical rating of 0 out of 10. 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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, DBC is a bad performer in the overall market: 66% of all stocks are doing better.
DBC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month DBC has a been trading in the 19.84 - 21.47 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
DBC has an average volume of 1917750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
24.02
We found 2 important support areas.
- Support @20.75 from a horizontal line in the weekly time frame.
- Support @20.16 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 21.56 to 22.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.52 to 22.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 23.56 to 23.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.05
Mansfield-0.72
10 Day High21.44
10 Day Low20.49
20 Day High21.47
20 Day Low19.84
52 Week High23.95
52 Week Low19.84
Performance
1 Week-2.76%
2 Weeks-2.85%
1 Month-4.51%
3 Month-5.51%
6 Month-7.11%
12 Month-10.17%
2 Year-5.85%
3 Year-27.92%
5 Year76.23%
10 Year17.22%
15 Year-5.46%
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)-0.01
RSI(14)40.68
LBB20.55
UBB21.56
20.76
+0.09 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.44%
1 Week-2.76%
2 Weeks-2.85%
1 Month-4.51%
3 Month-5.51%
6 Month-7.11%
12 Month-10.17%
2 Year-5.85%
3 Year-27.92%
5 Year76.23%
10 Year17.22%
15 Year-5.46%
Volatility
ATR(14)0.26
ATR(20)%1.95%
ATR Inc-14.94%
Range Today0.2
ADR(20)0.33
ADR(20)%1.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.05
Mansfield-0.72
10 Day High21.44
10 Day Low20.49
20 Day High21.47
20 Day Low19.84
52 Week High23.95
52 Week Low19.84
CS1 End20.75
CR1 Start21.56
Volume & EV
DER(3)-1.41%
DER(5)-0.57%
Volume1.95M
Volume Incr-7.53%
Vol(5)2.11M
Vol(50)1.92M