NYSEARCA:DBE - NYSE Arca - US46140H3049 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to DBE. DBE 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.
DBE has a poor technical rating and the quality of the setup is also only medium 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.
17.60
2 important support areas can be observed.
When analyzing the resistance we notice 3 important areas.
NYSEARCA:DBE (3/7/2025, 8:17:41 PM)
18.8
+0.18 (+0.97%)