Taking everything into account, DPU scores 0 out of 10 in our technical rating. DPU's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
9.00
We found 1 important support area.
We can see 3 important resistance areas.
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. |
PowerShares DB Commodity Long ETN
NYSEARCA:DPU (4/15/2016, 8:07:19 PM)
9.15
+0.75 (+8.93%)
ChartMill assigns a technical rating of 0 / 10 to DPU.
The current trend direction for PowerShares DB Commodity Long ETN (DPU) is Bearish.
PowerShares DB Commodity Long ETN (DPU) has an RSI value of 55.134. This indicates that the stock is currently neutral.
The MACD indicator for PowerShares DB Commodity Long ETN (DPU) has a value of 0.184428, indicating a bearish trend.
The short term momentum for PowerShares DB Commodity Long ETN (DPU) is neutral.