IMGP DBI MANAGED FUTURES STR (DBMF) Stock Technical Analysis
USA - NYSEARCA:DBMF - US53700T8273 - ETF
27.18 USD
-1.01 (-3.58%)
27 USD
-0.18 (-0.66%)
Taking everything into account, DBMF scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, DBMF is only an average performer.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
DBMF is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DBMF is lagging the market slightly.
When compared to the yearly performance of all other stocks, DBMF outperforms 53% of them, which is more or less in line with the market.
In the last month DBMF has a been trading in the 26.91 - 28.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although DBMF has an excellent technical rating, it 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.
More info and screens
24.36
28.00
When analyzing the support we can see 3 important areas.
- A support zone ranging from 26.61 to 26.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.69 to 26.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 24.61 to 24.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 27.46 to 27.72. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for DBMF is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DBMF is neutral. |
| ChartMill Relative Strength | 53.01 | NEUTRAL | DBMF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DBMF is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DBMF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DBMF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.17 | NEUTRAL | The RSI value for DBMF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DBMF has a negative trend. |
| Stochastics (14,3) | 61.41 | NEUTRAL | The Stochastics value for DBMF is a neutral value. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for DBMF suggests low volalility. |
| Average Directional Index/ADX (14) | 35.49 | POSITIVE | The high ADX value value for DBMF suggests a strong 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)
27.18
-1.01 (-3.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-3.58%
1 Week-1.38%
2 Weeks-0.48%
1 Month0.89%
3 Month5.55%
6 Month8.5%
12 Month-1.59%
2 Year-5.59%
3 Year-20.69%
5 Year10.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%1%
ATR Inc235.77%
Range Today1.03
ADR(20)0.23
ADR(20)%0.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.01
Mansfield-0.47
10 Day High28.54
10 Day Low27.15
20 Day High28.54
20 Day Low26.91
52 Week High28.54
52 Week Low24.52
CS1 End26.79
CR1 Start27.46
Volume & EV
DER(3)-3.11%
DER(5)-2.41%
Volume639.20K
Volume Incr16.31%
Vol(5)855.80K
Vol(50)674.80K