NYSEARCA:DBP - NYSE Arca - US46140H5028 - ETF - Currency: USD
Taking everything into account, DBP scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DBP is showing a nice and steady performance.
DBP has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. We notice that large players showed an interest for DBP in the last couple of days, which is a good sign.
59.23
5 important support areas can be observed.
When analyzing the resistance we notice one important area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
76.05 | 72.02 | 4.03 (5.30%) | 18.87% |
An entry @76.05. This is a Buy Stop order right above the resistance zone. | An exit @72.02. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.03 points, which is 5.30%. | For a 1.00% total portfolio risk, you can invest 18.87% of your capital in this trade. |
74.18
-0.77 (-1.03%)