Technical Analysis for DBB - PowerShares DB Base Metals Fund

Grade Last Price % Change Price Change
A 20.49 0.84% 0.17
DBB closed up 0.84 percent on Monday, May 6, 2024, on 1.2 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.
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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
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Gapped Up Strength 0.00%
Three Weeks Tight Range Contraction 0.84%
Gapped Up Strength 0.84%
Volume Surge Other 1.59%
Down 3 Days in a Row Weakness 1.59%
Gapped Down Weakness 1.59%
MACD Bearish Signal Line Cross Bearish 1.14%
Volume Surge Other 1.14%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 9 hours ago
Up 1% about 13 hours ago
2x Volume Pace about 13 hours ago
1.5x Volume Pace about 13 hours ago
3x Volume Pace about 13 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 20.656
52 Week Low 16.1857
Average Volume 171,452
200-Day Moving Average 17.63
50-Day Moving Average 18.76
20-Day Moving Average 20.00
10-Day Moving Average 20.25
Average True Range 0.28
RSI (14) 68.35
ADX 42.71
+DI 41.50
-DI 17.72
Chandelier Exit (Long, 3 ATRs) 19.80
Chandelier Exit (Short, 3 ATRs) 19.78
Upper Bollinger Bands 20.78
Lower Bollinger Band 19.22
Percent B (%b) 0.81
BandWidth 7.82
MACD Line 0.47
MACD Signal Line 0.51
MACD Histogram -0.0399
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.63
Resistance 3 (R3) 20.63 20.59 20.60
Resistance 2 (R2) 20.59 20.56 20.59 20.59
Resistance 1 (R1) 20.54 20.53 20.52 20.54 20.59
Pivot Point 20.50 20.50 20.49 20.50 20.50
Support 1 (S1) 20.45 20.47 20.43 20.45 20.39
Support 2 (S2) 20.41 20.44 20.41 20.39
Support 3 (S3) 20.36 20.41 20.38
Support 4 (S4) 20.36