Technical Analysis for DCMT - DoubleLine Commodity Strategy ETF
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | N/A | Up | Flat |
Date | Alert Name | Type | % Chg |
---|---|---|---|
Gapped Down | Weakness | 0.00% | |
Outside Day | Range Expansion | -0.83% | |
Narrow Range Bar | Range Contraction | -0.26% | |
Gapped Up | Strength | -0.26% | |
Oversold Stochastic | Weakness | -0.26% | |
Narrow Range Bar | Range Contraction | 0.80% | |
Doji - Bullish? | Reversal | 0.80% | |
Stochastic Reached Oversold | Weakness | 0.80% | |
Oversold Stochastic | Weakness | 0.80% | |
Hammer Candlestick | Bullish | 0.69% |
Alert | Time |
---|---|
10 DMA Resistance | about 22 hours ago |
Fell Below 10 DMA | about 22 hours ago |
Rose Above Previous Day's High | 2 days ago |
Rose Above 10 DMA | 2 days ago |
2x Volume Pace | 2 days ago |
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DoubleLine Commodity Strategy ETF Description
DCMT offers broad exposure to commodities, encompassing industrial and precious metals, energy commodities, agricultural products, and livestock. The fund obtains exposure through commodity derivatives via subsidiaries outside the US, thereby avoiding K-1 tax forms. These contracts are linked to a multi-strategy index that favors commodities exhibiting backwardation. The fund employs carry, seasonality, and momentum factors to identify the most attractive contracts. Specifically, it aims to select futures with the best carry for the next month, static December futures tenor with the potential to outperform front-month contracts, and those consistently surpassing front-month contracts in the past year. Swap selection is based on the counterparties' cost, reliability, operational compatibility, and creditworthiness. Investments may include debts for additional total return. The fund uses leverage to amplify commodity exposure, matching its total asset value. DCMT may shift from the Barclays index to different strategies, such as exploring alternative commodities exposure.
Classification
Keywords: Swaps Commodity Commodity Price Indices Arbitrage Agricultural Products Energy Commodities
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 27.4499 |
52 Week Low | 23.6262 |
Average Volume | 17,205 |
200-Day Moving Average | 0.00 |
50-Day Moving Average | 25.16 |
20-Day Moving Average | 25.58 |
10-Day Moving Average | 25.45 |
Average True Range | 0.25 |
RSI (14) | 48.45 |
ADX | 10.52 |
+DI | 36.68 |
-DI | 36.14 |
Chandelier Exit (Long, 3 ATRs) | 25.67 |
Chandelier Exit (Short, 3 ATRs) | 25.85 |
Upper Bollinger Bands | 26.23 |
Lower Bollinger Band | 24.93 |
Percent B (%b) | 0.32 |
BandWidth | 5.07 |
MACD Line | 0.02 |
MACD Signal Line | 0.07 |
MACD Histogram | -0.0516 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 25.55 | ||||
Resistance 3 (R3) | 25.58 | 25.53 | 25.52 | ||
Resistance 2 (R2) | 25.53 | 25.47 | 25.52 | 25.51 | |
Resistance 1 (R1) | 25.44 | 25.44 | 25.41 | 25.41 | 25.50 |
Pivot Point | 25.39 | 25.39 | 25.38 | 25.38 | 25.39 |
Support 1 (S1) | 25.29 | 25.33 | 25.27 | 25.27 | 25.19 |
Support 2 (S2) | 25.25 | 25.30 | 25.24 | 25.18 | |
Support 3 (S3) | 25.15 | 25.25 | 25.17 | ||
Support 4 (S4) | 25.13 |