Technical Analysis for DBB - PowerShares DB Base Metals Fund

Grade Last Price % Change Price Change
B 20.90 3.77% 0.76
DBB closed up 3.77 percent on Thursday, November 7, 2024, on 1.19 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Cup with Handle Other 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Gapped Up Strength 0.00%
Fell Below 20 DMA Bearish 3.77%
Fell Below 50 DMA Bearish 3.77%
Cup with Handle Other 3.77%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 5 hours ago
Possible NR7 about 7 hours ago
60 Minute Opening Range Breakdown about 9 hours ago
2x Volume Pace about 11 hours ago
1.5x Volume Pace about 11 hours ago

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Profile

PowerShares DB Base Metals Fund Description

The PowerShares DB Base Metals Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Industrial Metals Index Excess Return™ ("DB Industrial Metals Index" or the "Index") plus the interest income from the Fund's holdings of US Treasury securities less the Fund’s expenses. DB Commodity Services LLC serves as the Managing Owner of the Fund. The Fund is designed for investors who want a cost-effective and convenient way to invest in commodity futures. The Index is a rules-based index composed of futures contracts on some of the most liquid and widely used base metals — aluminum, zinc and copper (grade A). You cannot invest directly in the Index. The Fund and the Index are rebalanced and reconstituted annually in November. This Fund is not suitable for all investors due to the speculative nature of an investment based upon the Fund’s trading which takes place in very volatile markets. Because an investment in futures contracts is volatile, such frequency in the movement in market prices of the underlying futures contracts could cause large losses. Please see "Important Considerations" and the Prospectus for additional risk disclosures.


Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Invesco Powershares Us Treasury Commodity Price Indices Base Metal

Is DBB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 21.9801
52 Week Low 16.7532
Average Volume 81,690
200-Day Moving Average 19.44
50-Day Moving Average 20.30
20-Day Moving Average 20.63
10-Day Moving Average 20.62
Average True Range 0.36
RSI (14) 54.95
ADX 10.52
+DI 33.00
-DI 29.06
Chandelier Exit (Long, 3 ATRs) 19.94
Chandelier Exit (Short, 3 ATRs) 21.15
Upper Bollinger Bands 21.03
Lower Bollinger Band 20.23
Percent B (%b) 0.84
BandWidth 3.89
MACD Line 0.05
MACD Signal Line 0.08
MACD Histogram -0.0319
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.12
Resistance 3 (R3) 21.11 21.02 21.09
Resistance 2 (R2) 21.02 20.96 21.03 21.07
Resistance 1 (R1) 20.96 20.93 20.99 20.97 21.06
Pivot Point 20.87 20.87 20.89 20.88 20.87
Support 1 (S1) 20.81 20.81 20.84 20.83 20.74
Support 2 (S2) 20.72 20.78 20.73 20.73
Support 3 (S3) 20.66 20.72 20.72
Support 4 (S4) 20.68