We assign a technical rating of 0 out of 10 to DBE. DBE 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.
When comparing the yearly performance of all stocks, DBE is a bad performer in the overall market: 67% of all stocks are doing better.
DBE 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.
Warning: DBE has an average volume of 23719 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month DBE has a been trading in the 16.22 - 19.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.