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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Invesco DB Commodity Index Tracking Fund (PACF:DBC)
Sidelines Mode (+55) - DBC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DBC?
MarketClub looks at technical strength and momentum to determine if the timing is right for DBC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for DBC
The long-term trend has been UP since Apr 1st, 2024 at 22.9999
The intermediate-term trend has been DOWN since May 1st, 2024 at 23.2100
The short-term trend has been UP since May 6th, 2024 at 23.3400
Smart Scan Analysis for DBC
Based on our trend formula, DBC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.110 | 23.270 | 23.095 | 23.230 | -0.120 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.350 | 397108 | 2024-05-08 15:59:37 |
| Year High | 18.645 | Year High Date | 2018-10-03 |
| Year Low | 15.145 | Year Low Date | 2018-11-27 |
| 52wk High | 25.63 | 52wk High Date | 2023-09-18 |
| 52wk Low | 21.615 | 52wk Low Date | 2024-01-08 |
| Year End Close | 27.78 | Average Volume | 1,300,454 |
| Shares Outstanding | 123,800 | Assets | 224,582,148M |
| Liabilities | 78,903,816M | P/E Ratio | 55.425 |
| Beta | 1.01 | Volatility | 17.35 |