We assign a technical rating of 3 out of 10 to DBMF. In the last year, DBMF was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The technical rating of DBMF is bad and it also does not present a quality setup 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.
24.36
3 important support areas can be observed.
We can see 2 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 | UP | POSITIVE | The long term trend for DBMF is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DBMF is down. |
| ChartMill Relative Strength | 50.82 | NEUTRAL | DBMF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DBMF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DBMF is below a declining 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) | 40.73 | NEUTRAL | The RSI value for DBMF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests DBMF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.38 | OVERSOLD | The low Stochastics value suggests DBMF may be oversold. |
| Average True Range in percent/ATR (20) | 0.92 | LOW VOLATILITY | The low ATR as a percentage value for DBMF suggests low volalility. |
| Average Directional Index/ADX (14) | 23.48 | NEUTRAL | The ADX value for DBMF suggests a possible start of a new trend. |
28.28
-0.05 (-0.18%)
ChartMill assigns a technical rating of 3 / 10 to DBMF.
The current trend direction for IMGP DBI MANAGED FUTURES STR (DBMF) is Bullish.
IMGP DBI MANAGED FUTURES STR (DBMF) has an RSI value of 40.7291. This indicates that the stock is currently neutral.
The short term momentum for IMGP DBI MANAGED FUTURES STR (DBMF) is negative.
The buy/sell signal for IMGP DBI MANAGED FUTURES STR (DBMF) is hold as the short term and long term trends are mixed.