Technical Analysis for DBE - PowerShares DB Energy Fund

Grade Last Price % Change Price Change
D 20.32 0.72% 0.15
DBE closed up 0.72 percent on Monday, May 6, 2024, on approximately normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Stochastic Buy Signal Bullish 0.00%
Oversold Stochastic Weakness 0.00%
NR7 Range Contraction 0.72%
Narrow Range Bar Range Contraction 0.72%
Inside Day Range Contraction 0.72%
Oversold Stochastic Weakness 0.72%
Lower Bollinger Band Walk Weakness 0.40%
Below Lower BB Weakness 0.40%
Lower Bollinger Band Touch Weakness 0.40%
Oversold Stochastic Weakness 0.40%

   Recent Intraday Alerts

Alert Time
Up 1% about 6 hours ago
Rose Above Previous Day's High about 8 hours ago
Possible NR7 3 days ago
Possible Inside Day 3 days ago
60 Minute Opening Range Breakdown 3 days ago

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Profile

PowerShares DB Energy Fund Description

The PowerShares DB Energy Fund seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Energy Index Excess Return™ ("DB Energy 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 heavily traded energy commodities in the world — light sweet crude oil (WTI), heating oil, Brent crude oil, RBOB gasoline and natural gas. 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 Natural Gas Invesco Powershares Crude Oil Commodity Markets Us Treasury Commodity Price Indices Energy Commodities Heating Oil Brent Crude Sweet Crude Oil Light Sweet Crude Oil

Is DBE 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 23.4033
52 Week Low 18.0559
Average Volume 24,405
200-Day Moving Average 20.88
50-Day Moving Average 20.68
20-Day Moving Average 20.94
10-Day Moving Average 20.68
Average True Range 0.27
RSI (14) 38.27
ADX 19.59
+DI 20.71
-DI 37.54
Chandelier Exit (Long, 3 ATRs) 20.99
Chandelier Exit (Short, 3 ATRs) 20.93
Upper Bollinger Bands 21.81
Lower Bollinger Band 20.07
Percent B (%b) 0.14
BandWidth 8.32
MACD Line -0.14
MACD Signal Line -0.01
MACD Histogram -0.1281
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.56
Resistance 3 (R3) 20.55 20.47 20.52
Resistance 2 (R2) 20.47 20.41 20.47 20.50
Resistance 1 (R1) 20.39 20.37 20.43 20.40 20.49
Pivot Point 20.31 20.31 20.33 20.31 20.31
Support 1 (S1) 20.23 20.25 20.27 20.24 20.14
Support 2 (S2) 20.15 20.21 20.15 20.13
Support 3 (S3) 20.07 20.15 20.12
Support 4 (S4) 20.08