INVESCO AGRICULTURE CMDTYK-1 (PDBA) Stock Technical Analysis
USA - NASDAQ:PDBA - US46090F3082 - ETF
Overall PDBA gets a technical rating of 0 out of 10. PDBA'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.
The technical rating of PDBA is bad and it also does not present a quality setup 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.
More info and screens
33.64
We found 1 important support area.
- A support zone ranging from 33.98 to 34.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.92 to 37.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 PDBA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PDBA is down. |
| ChartMill Relative Strength | 27.85 | NEGATIVE | PDBA has a low relative strength, it was outperformed by 72.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PDBA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PDBA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PDBA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.86 | NEUTRAL | The RSI value for PDBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests PDBA has a negative trend. |
| Stochastics (14,3) | 15.64 | OVERSOLD | The low Stochastics value suggests PDBA may be oversold. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for PDBA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.19 | NEGATIVE | The low ADX value for PDBA suggests a weak or negative trend. |
34.835
-0.12 (-0.33%)
INVESCO AGRICULTURE CMDTYK-1 / PDBA FAQ
What is the technical rating for PDBA stock?
ChartMill assigns a technical rating of 0 / 10 to PDBA.
What is the trend direction for PDBA stock?
The current trend direction for INVESCO AGRICULTURE CMDTYK-1 (PDBA) is Bearish.
Can you provide the RSI signal for INVESCO AGRICULTURE CMDTYK-1?
INVESCO AGRICULTURE CMDTYK-1 (PDBA) has an RSI value of 35.8612. This indicates that the stock is currently neutral.
What is the short term momentum for INVESCO AGRICULTURE CMDTYK-1 (PDBA) stock?
The short term momentum for INVESCO AGRICULTURE CMDTYK-1 (PDBA) is negative.
What is the buy/sell signal for PDBA stock?
The buy/sell signal for INVESCO AGRICULTURE CMDTYK-1 (PDBA) is sell as both the short term and long term trends are negative.