Technical Analysis for DBC - PowerShares DB Commodity Index Tracking Fund

Grade Last Price % Change Price Change
B 23.69 0.55% 0.13
DBC closed up 0.55 percent on Wednesday, July 3, 2024, on 75 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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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
Cup with Handle Other 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Cup with Handle Other 0.55%
NR7 Range Contraction 0.55%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 8 hours ago
Rose Above Upper Bollinger Band about 12 hours ago
Rose Above Previous Day's High about 12 hours ago
Upper Bollinger Band Resistance about 12 hours ago
Possible NR7 1 day ago

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Profile

PowerShares DB Commodity Index Tracking Fund Description

The PowerShares DB Commodity Index Tracking Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Diversified Commodity Index Excess Return™ ("DB Commodity Index" or the "Index") plus the interest income from the Fund's holdings of U.S. 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 14 of the most heavily traded and important physical commodities in the world. 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 U.S. Treasury Invesco Powershares Commodity Markets Commodity Price Indices Commodity Price Index Managed Futures Account

Is DBC 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 24.4292
52 Week Low 21.4859
Average Volume 944,509
200-Day Moving Average 22.92
50-Day Moving Average 23.34
20-Day Moving Average 23.22
10-Day Moving Average 23.37
Average True Range 0.22
RSI (14) 59.68
ADX 10.7
+DI 29.61
-DI 18.79
Chandelier Exit (Long, 3 ATRs) 23.04
Chandelier Exit (Short, 3 ATRs) 23.29
Upper Bollinger Bands 23.67
Lower Bollinger Band 22.77
Percent B (%b) 1.02
BandWidth 3.88
MACD Line 0.06
MACD Signal Line 0.00
MACD Histogram 0.0586
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 23.88
Resistance 3 (R3) 23.87 23.79 23.85
Resistance 2 (R2) 23.79 23.74 23.80 23.84
Resistance 1 (R1) 23.74 23.71 23.77 23.75 23.83
Pivot Point 23.67 23.67 23.68 23.67 23.67
Support 1 (S1) 23.62 23.62 23.64 23.63 23.55
Support 2 (S2) 23.54 23.59 23.55 23.54
Support 3 (S3) 23.49 23.54 23.53
Support 4 (S4) 23.50