Technical Analysis for DBP - PowerShares DB Precious Metals Fund

Grade Last Price % Change Price Change
B 60.46 0.60% 0.36
DBP closed up 0.6 percent on Monday, May 20, 2024, on 77 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
New 52 Week Closing High Bullish 0.60%
New 52 Week High Strength 0.60%
Multiple of Ten Bullish Other 0.60%
Above Upper BB Strength 0.60%
Gapped Up Strength 0.60%
Overbought Stochastic Strength 0.60%
Narrow Range Bar Range Contraction 3.23%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 2 hours ago
New 52 Week High about 2 hours ago
Up 1% about 2 hours ago
Up 1 ATR about 2 hours ago
Gapped Up (Full) 3 days ago

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Profile

PowerShares DB Precious Metals Fund Description

The PowerShares DB Precious Metals Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Precious Metals Index Excess Return™ ("DB Precious 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 two of the most important precious metals — gold and silver. 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

Is DBP 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 60.8633
52 Week Low 44.1024
Average Volume 11,962
200-Day Moving Average 50.15
50-Day Moving Average 55.81
20-Day Moving Average 57.19
10-Day Moving Average 58.06
Average True Range 0.73
RSI (14) 73.26
ADX 34.92
+DI 54.69
-DI 15.56
Chandelier Exit (Long, 3 ATRs) 58.69
Chandelier Exit (Short, 3 ATRs) 57.56
Upper Bollinger Bands 59.84
Lower Bollinger Band 54.55
Percent B (%b) 1.12
BandWidth 9.25
MACD Line 1.00
MACD Signal Line 0.71
MACD Histogram 0.2871
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 61.82
Resistance 3 (R3) 61.81 61.33 61.59
Resistance 2 (R2) 61.33 60.99 61.34 61.52
Resistance 1 (R1) 60.90 60.77 61.12 60.91 61.44
Pivot Point 60.42 60.42 60.53 60.43 60.42
Support 1 (S1) 59.99 60.08 60.21 60.00 59.47
Support 2 (S2) 59.52 59.86 59.52 59.40
Support 3 (S3) 59.08 59.52 59.32
Support 4 (S4) 59.09