Invesco DB G10 Currency Harvest Fund (DBV) Technical Analysis
NYSEARCA:DBV • US46139B1026
Current stock price
DBV Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to DBV. DBV has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- DBV is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DBV is lagging the market.
- Warning: DBV has an average volume of 24170 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, DBV turns out to be only a medium performer in the overall market: it outperformed 67% of all stocks.
- In the last month DBV has a been trading in a tight range between 24.83 and 26.09.
- Volume is considerably higher in the last couple of days.
DBV Weekly and Daily overview Charts
DBV Setup Rating and Analysis
DBV has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 25.38, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DBV in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
DBV Support and Resistance Analysis
24.05
2 important support areas can be observed.
- A support zone ranging from 24.86 to 25.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.29 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 25.44 to 25.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 26.59 to 27.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
DBV Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for DBV is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DBV is neutral. |
| ChartMill Relative Strength | 67.55 | NEUTRAL | DBV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DBV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DBV is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DBV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51 | NEUTRAL | The RSI value for DBV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests DBV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.01 | NEUTRAL | The Stochastics value for DBV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for DBV suggests low volalility. |
| Average Directional Index/ADX (14) | 19.17 | NEGATIVE | The low ADX value for DBV suggests a weak or negative trend. |
DBV Chart- and CandleStick Pattern Analysis
DBV Technicals: Chart, Performance Metrics, Trend & Indicators
Invesco DB G10 Currency Harvest Fund
NYSEARCA:DBV (3/3/2023, 8:04:00 PM)
25.41
-0.16 (-0.63%)
Invesco DB G10 Currency Harvest Fund / DBV TA FAQ
What is the technical rating for DBV stock?
ChartMill assigns a technical rating of 3 / 10 to DBV.
What is the trend direction for DBV stock?
The current trend direction for Invesco DB G10 Currency Harvest Fund (DBV) is Bearish.
What is the RSI signal for Invesco DB G10 Currency Harvest Fund (DBV) stock?
Invesco DB G10 Currency Harvest Fund (DBV) has an RSI value of 50.9971. This indicates that the stock is currently neutral.
What are the support and resistance levels for Invesco DB G10 Currency Harvest Fund (DBV) stock?
Invesco DB G10 Currency Harvest Fund (DBV) has a support level at 25.38 and a resistance level at 25.44. Check the full technical report for our detailed analysis of DBV support and resistance levels.