NYSEARCA:DBC - NYSE Arca - US46138B1035 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to DBC. DBC 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.
DBC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 21.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.19, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DBC in the last couple of days, which is a good sign.
20.72
We found 1 important support area.
4 important resistance areas can be observed.
NYSEARCA:DBC (4/29/2025, 11:17:38 AM)
21.04
-0.19 (-0.89%)