IPATH BLOOMBERG COMMODITY IN (DJP) Stock Technical Analysis
NYSEARCA:DJP - NYSE Arca - US06738C7781 - ETF - Currency: USD
We assign a technical rating of 9 out of 10 to DJP. Both in the recent history as in the last year, DJP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, DJP did better than 85% of all other stocks.
DJP is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so DJP slightly outperforms the market at the moment.
In the last month DJP has a been trading in a tight range between 33.77 and 35.78.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, DJP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 34.42, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
29.22
36.08
When analyzing the support we can see 3 important areas.
- A support zone ranging from 32.11 to 34.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.60 from a horizontal line in the daily time frame.
- A support zone ranging from 29.52 to 29.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 34.74 to 35.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.29
Mansfield0.46
10 Day High35.12
10 Day Low33.77
20 Day High35.78
20 Day Low33.77
52 Week High35.78
52 Week Low29.35
Performance
1 Week2.01%
2 Weeks-1.96%
1 Month0.87%
3 Month9.86%
6 Month16.12%
12 Month13.37%
2 Year9.5%
3 Year-6.29%
5 Year109.26%
10 Year24.74%
15 Year-13.22%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.12
RSI(14)54.15
LBB33.6
UBB35.87
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 |
|---|---|---|---|
| 35.13 | 33.76 | 1.37 (3.90%) | 25.00% |
| An entry @35.13. This is a Buy Stop order right above the 10 day high. | An exit @33.76. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.37 points, which is 3.90%. | For a 0.97% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSEARCA:DJP (3/7/2025, 8:19:52 PM)
34.59
+0.17 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.49%
1 Week2.01%
2 Weeks-1.96%
1 Month0.87%
3 Month9.86%
6 Month16.12%
12 Month13.37%
2 Year9.5%
3 Year-6.29%
5 Year109.26%
10 Year24.74%
15 Year-13.22%
Volatility
ATR(14)0.35
ATR(20)%0.98%
ATR Inc-36.44%
Range Today0.29
ADR(20)0.28
ADR(20)%0.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.29
Mansfield0.46
10 Day High35.12
10 Day Low33.77
20 Day High35.78
20 Day Low33.77
52 Week High35.78
52 Week Low29.35
CS1 End34.42
CR1 Start34.74
Volume & EV
DER(3)-4.48%
DER(5)-3.64%
Volume19.70K
Volume Incr92.73%
Vol(5)120.96K
Vol(50)88.09K