Technical Analysis for DBE - PowerShares DB Energy Fund

Grade Last Price % Change Price Change
A 21.10 0.05% 0.01
DBE closed up 0.52 percent on Thursday, April 25, 2024, on 53 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Flat

Date Alert Name Type % Chg
200 DMA Support Bullish 0.05%
Outside Day Range Expansion 0.05%
Gapped Down Weakness 0.05%
Spinning Top Other 0.57%
Calm After Storm Range Contraction 0.57%
Gapped Down Weakness 0.57%
Oversold Stochastic Weakness 0.57%
Crossed Above 200 DMA Bullish 0.43%
Stochastic Buy Signal Bullish 0.43%
Strong but Oversold Other 0.43%

   Recent Intraday Alerts

Alert Time
10 DMA Support about 3 hours ago
Fell Below 10 DMA about 4 hours ago
60 Minute Opening Range Breakdown about 5 hours ago
20 DMA Resistance about 5 hours ago
Rose Above 20 DMA about 6 hours ago

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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 17.8247
Average Volume 23,816
200-Day Moving Average 20.87
50-Day Moving Average 20.58
20-Day Moving Average 21.18
10-Day Moving Average 21.09
Average True Range 0.28
RSI (14) 53.92
ADX 14.66
+DI 23.90
-DI 29.97
Chandelier Exit (Long, 3 ATRs) 20.97
Chandelier Exit (Short, 3 ATRs) 21.26
Upper Bollinger Bands 21.77
Lower Bollinger Band 20.60
Percent B (%b) 0.42
BandWidth 5.51
MACD Line 0.09
MACD Signal Line 0.17
MACD Histogram -0.0765
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.59
Resistance 3 (R3) 21.54 21.32 21.50
Resistance 2 (R2) 21.32 21.20 21.35 21.47
Resistance 1 (R1) 21.21 21.12 21.27 21.26 21.45
Pivot Point 20.99 20.99 21.02 21.02 20.99
Support 1 (S1) 20.88 20.87 20.94 20.93 20.73
Support 2 (S2) 20.66 20.79 20.69 20.71
Support 3 (S3) 20.55 20.66 20.68
Support 4 (S4) 20.60