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.
- Both the short term and long term trends are positive. This is a very positive sign.
- DBMF is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month DBMF has a been trading in the 28.41 - 30.51 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, DBMF turns out to be only a medium performer in the overall market: it outperformed 65% of all stocks.
- Volume is considerably higher in the last couple of days.
Although DBMF has an excellent technical rating, the quality of the presented setup is not ideal 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
24.45
We found 3 important support areas.
- A support zone ranging from 28.04 to 29.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.59 to 26.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @24.70 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 30.17 to 30.21. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for DBMF is up. |
| ChartMill Relative Strength | 65.54 | NEUTRAL | DBMF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DBMF is above 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) | 61.06 | NEUTRAL | The RSI value for DBMF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests DBMF has a positive trend. |
| Stochastics (14,3) | 57.56 | NEUTRAL | The Stochastics value for DBMF is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for DBMF suggests low volalility. |
| Average Directional Index/ADX (14) | 25.95 | POSITIVE | The high ADX value value for DBMF suggests a strong trend. |
30.16
+0.96 (+3.29%)
IMGP DBI MANAGED FUTURES STR / DBMF FAQ
Can you provide the ChartMill technical rating for IMGP DBI MANAGED FUTURES STR?
ChartMill assigns a technical rating of 7 / 10 to DBMF.
What is the trend direction for DBMF stock?
The current trend direction for IMGP DBI MANAGED FUTURES STR (DBMF) is Bullish.
What is the RSI signal for IMGP DBI MANAGED FUTURES STR (DBMF) stock?
IMGP DBI MANAGED FUTURES STR (DBMF) has an RSI value of 61.0621. This indicates that the stock is currently neutral.
What is the short term momentum for DBMF stock?
The short term momentum for IMGP DBI MANAGED FUTURES STR (DBMF) is positive.
Can you provide the buy/sell signal for IMGP DBI MANAGED FUTURES STR?
The buy/sell signal for IMGP DBI MANAGED FUTURES STR (DBMF) is buy as both the short term and long term trends are positive.