Invesco DB Gold Fund (DGL) Stock Technical Analysis
NYSEARCA:DGL - NYSE Arca - US46140H6018 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to DGL. DGL has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
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, DGL turns out to be only a medium performer in the overall market: it outperformed 64% of all stocks.
DGL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DGL is lagging the market slightly.
In the last month DGL has a been trading in a tight range between 50.41 and 52.50.
Volume is considerably higher in the last couple of days.
DGL has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
45.32
59.24
When analyzing the support we can see 4 important areas.
- A support zone ranging from 50.85 to 51.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @49.79 from a horizontal line in the daily time frame.
- Support @48.97 from a horizontal line in the daily time frame.
- A support zone ranging from 45.78 to 46.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 52.98 to 53.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @56.64 from a horizontal line in the weekly time frame.
- Resistance @58.65 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.93
Mansfield0.1
10 Day High52.03
10 Day Low50.41
20 Day High52.5
20 Day Low50.41
52 Week High59.25
52 Week Low45.53
Performance
1 Week2.8%
2 Weeks1.53%
1 Month-2.25%
3 Month2.86%
6 Month7.76%
12 Month-7.55%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)54.37
LBB50.39
UBB51.96
NYSEARCA:DGL (3/3/2023, 8:04:00 PM)
51.9553
+0.71 (+1.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.39%
1 Week2.8%
2 Weeks1.53%
1 Month-2.25%
3 Month2.86%
6 Month7.76%
12 Month-7.55%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%0.95%
ATR Inc62.37%
Range Today0.82
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS64.93
Mansfield0.1
10 Day High52.03
10 Day Low50.41
20 Day High52.5
20 Day Low50.41
52 Week High59.25
52 Week Low45.53
CS1 End51.95
CR1 Start52.98
Volume & EV
DER(3)2.52%
DER(5)1.52%
Volume4.00K
Volume Incr175.1%
Vol(5)112.06K
Vol(50)33.24K