Taking everything into account, DBP scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, DBP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although DBP has an excellent technical rating, it does not present a decent entry opportunity 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.
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72.71
We found 6 important support areas.
- A support zone ranging from 98.80 to 99.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @91.89 from a horizontal line in the weekly time frame.
- Support @90.35 from a horizontal line in the daily time frame.
- Support @84.81 from a trend line in the daily time frame.
- Support @76.04 from a horizontal line in the daily time frame.
- Support @73.44 from a trend line in the weekly time frame.
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 DBP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DBP is up. |
| ChartMill Relative Strength | 92.35 | POSITIVE | DBP has a high relative strength, it outperformed 92.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DBP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DBP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DBP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.07 | OVERBOUGHT | The high RSI value suggests DBP may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.37 | POSITIVE | The MACD value suggests DBP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.96 | OVERBOUGHT | The high Stochastics value suggests DBP may be overbought. |
| Average True Range in percent/ATR (20) | 1.41 | LOW VOLATILITY | The low ATR as a percentage value for DBP suggests low volalility. |
| Average Directional Index/ADX (14) | 34.64 | POSITIVE | The high ADX value value for DBP suggests a strong trend. |
103.68
-0.84 (-0.8%)
INVESCO DB PRECIOUS METALS F / DBP FAQ
Can you provide the ChartMill technical rating for INVESCO DB PRECIOUS METALS F?
ChartMill assigns a technical rating of 10 / 10 to DBP.
What is the current trend direction of INVESCO DB PRECIOUS METALS F (DBP) stock?
The current trend direction for INVESCO DB PRECIOUS METALS F (DBP) is Bullish.
Can you provide the RSI signal for INVESCO DB PRECIOUS METALS F?
INVESCO DB PRECIOUS METALS F (DBP) has an RSI value of 72.0727. This indicates that the stock is currently overbought.
What is the MACD signal for DBP stock?
The MACD indicator for INVESCO DB PRECIOUS METALS F (DBP) has a value of 0.373451, indicating a bearish trend.
Can you provide the support and resistance levels for INVESCO DB PRECIOUS METALS F?
INVESCO DB PRECIOUS METALS F (DBP) has a support level at 99.16. Check the full technical report for our detailed analysis of DBP support and resistance levels.