NYSEARCA:DBJP - NYSE Arca - US2330515071 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to DBJP. DBJP has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, DBJP does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 74.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 74.68, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for DBJP in the last couple of days, which is a good sign.
64.55
3 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
NYSEARCA:DBJP (3/7/2025, 8:17:48 PM)
74.76
+0.74 (+1%)