INVESCO DB BASE METALS FUND (DBB) Stock Technical Analysis
NYSEARCA:DBB - NYSE Arca - US46140H7008 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to DBB. DBB 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.
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.
DBB is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month DBB has a been trading in the 17.13 - 19.23 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, DBB turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, DBB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 18.15, a Stop Loss order could be placed below this zone.
More info and screens
17.54
21.55
2 important support areas can be observed.
- A support zone ranging from 18.11 to 18.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 17.72 to 17.78. This zone is formed by a combination of multiple trend lines in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 19.47 to 19.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 19.88 to 19.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.53 from a horizontal line in the daily time frame.
- Resistance @21.34 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.56
Mansfield-0.44
10 Day High18.69
10 Day Low17.76
20 Day High19.23
20 Day Low17.13
52 Week High21.98
52 Week Low17.13
Performance
1 Week2.98%
2 Weeks1.08%
1 Month-5.08%
3 Month-1.98%
6 Month-10.46%
12 Month-9.89%
2 Year-4.49%
3 Year-22.97%
5 Year46.71%
10 Year11.71%
15 Year-14.6%
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)0.09
RSI(14)46.93
LBB17.38
UBB18.63
18.31
-0.01 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.05%
1 Week2.98%
2 Weeks1.08%
1 Month-5.08%
3 Month-1.98%
6 Month-10.46%
12 Month-9.89%
2 Year-4.49%
3 Year-22.97%
5 Year46.71%
10 Year11.71%
15 Year-14.6%
Volatility
ATR(14)0.31
ATR(20)%1.85%
ATR Inc-40.92%
Range Today0.12
ADR(20)0.24
ADR(20)%1.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.56
Mansfield-0.44
10 Day High18.69
10 Day Low17.76
20 Day High19.23
20 Day Low17.13
52 Week High21.98
52 Week Low17.13
CS1 End18.15
CR1 Start19.47
Volume & EV
DER(3)-2.59%
DER(5)-1.83%
Volume51.00K
Volume Incr-42.86%
Vol(5)58.30K
Vol(50)96.27K