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.
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.
19.96
2 important support areas can be observed.
We can see 5 important resistance areas.
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. |
NYSEARCA:DBC (5/29/2025, 1:48:23 PM)
21.025
-0.12 (-0.59%)