INVESCO DB COMMODITY INDEX T (DBC)

US46138B1035 - ETF

21.04  +0.12 (+0.57%)

After market: 21.0299 -0.01 (-0.05%)

Technical Rating and Analysis

0

Taking everything into account, DBC scores 0 out of 10 in our technical rating. DBC 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
68% of all other stocks performed better in the past year than DBC.
DBC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month DBC has a been trading in the 20.78 - 22.49 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
DBC Weekly chart
DBC Daily chart
Setup Rating and Analysis

1

The technical rating of DBC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

20.71

24.18

We found 1 important support area.

  • A support zone ranging from 20.92 to 21.03. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 21.92 to 22.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 22.68 to 22.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 23.75 to 23.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.3
Mansfield-1.64
10 Day High22.49
10 Day Low20.78
20 Day High22.49
20 Day Low20.78
52 Week High24.09
52 Week Low20.78
Performance
1 Week-4.71%
2 Weeks-5.1%
1 Month-5.4%
3 Month-5.73%
6 Month-9.43%
12 Month-4.54%
2 Year-14.64%
3 Year1.25%
5 Year31.91%
10 Year14.04%
15 Year-14.54%
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)-0.11
RSI(14)31.12
LBB21.09
UBB22.84
DBC Daily chart

INVESCO DB COMMODITY INDEX T

NYSEARCA:DBC (12/24/2024, 8:05:50 PM)

After market: 21.0299 -0.01 (-0.05%)

21.04

+0.12 (+0.57%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.57%
1 Week-4.71%
2 Weeks-5.1%
1 Month-5.4%
3 Month-5.73%
6 Month-9.43%
12 Month-4.54%
2 Year-14.64%
3 Year1.25%
5 Year31.91%
10 Year14.04%
15 Year-14.54%
Volatility
ATR(14)0.3
ATR(20)%1.36%
ATR Inc199.98%
Range Today0.1
ADR(20)0.19
ADR(20)%0.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.3
Mansfield-1.64
10 Day High22.49
10 Day Low20.78
20 Day High22.49
20 Day Low20.78
52 Week High24.09
52 Week Low20.78
CS1 End21.03
CR1 Start21.92
Volume & EV
DER(3)8.07%
DER(5)4.96%
Volume549.50K
Volume Incr120.31%
Vol(5)1.40M
Vol(50)778.10K