PowerShares DB Commodity Long ETN (DPU) Technical Analysis
NYSEARCA:DPU
Current stock price
DPU Technical Rating and Analysis
Overall DPU gets a technical rating of 0 out of 10. DPU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 88% of all other stocks performed better in the past year than DPU.
- DPU 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 DPU is lagging the market.
- Warning: DPU has an average volume of 1274 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month DPU has a been trading in the 6.02 - 9.50 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DPU Weekly and Daily overview Charts
DPU Setup Rating and Analysis
Although the technical rating is bad, DPU does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.16. Right above this resistance zone may be a good entry point.
More info and screens
DPU Support and Resistance Analysis
9.00
We found 1 important support area.
- A support zone ranging from 9.09 to 9.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 9.16 to 9.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.80 from a trend line in the weekly time frame.
- Resistance @15.70 from a trend line in the weekly time frame.
DPU 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 | DOWN | NEGATIVE | The long term trend for DPU is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DPU is neutral. |
| ChartMill Relative Strength | 12 | NEGATIVE | DPU has a low relative strength, it was outperformed by 88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DPU is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DPU is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DPU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.13 | NEUTRAL | The RSI value for DPU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests DPU has a positive trend. |
| Stochastics (14,3) | 71.43 | NEUTRAL | The Stochastics value for DPU is a neutral value. |
| Average True Range in percent/ATR (20) | 10.45 | HIGH VOLATILITY | The high ATR as a percentage value for DPU suggests high volalility. |
DPU Chart- and CandleStick Pattern Analysis
DPU Technicals: Chart, Performance Metrics, Trend & Indicators
PowerShares DB Commodity Long ETN
NYSEARCA:DPU (4/15/2016, 8:07:19 PM)
9.15
+0.75 (+8.93%)
PowerShares DB Commodity Long ETN / DPU TA FAQ
Can you provide the ChartMill technical rating for PowerShares DB Commodity Long ETN?
ChartMill assigns a technical rating of 0 / 10 to DPU.
Can you provide the trend direction for PowerShares DB Commodity Long ETN?
The current trend direction for PowerShares DB Commodity Long ETN (DPU) is Bearish.
What is the RSI signal for PowerShares DB Commodity Long ETN (DPU) stock?
PowerShares DB Commodity Long ETN (DPU) has an RSI value of 55.134. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PowerShares DB Commodity Long ETN?
The MACD indicator for PowerShares DB Commodity Long ETN (DPU) has a value of 0.184428, indicating a bearish trend.
Can you provide the short term momentum for PowerShares DB Commodity Long ETN?
The short term momentum for PowerShares DB Commodity Long ETN (DPU) is neutral.