Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
Invesco DB Oil Fund (PACF:DBO)
Sidelines Mode (-55) - DBO 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 DBO?
MarketClub looks at technical strength and momentum to determine if the timing is right for DBO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DBO
The long-term trend has been DOWN since Aug 5th, 2024 at 14.44
The intermediate-term trend has been DOWN since Oct 28th, 2024 at 14.04
The short-term trend has been UP since Nov 18th, 2024 at 14.36
Smart Scan Analysis for DBO
Based on our trend formula, DBO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 14.550 | 14.585 | 14.420 | 14.580 | +0.240 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.570 | 157435 | 2024-11-21 15:59:37 |
| Year High | 14.155 | Year High Date | 2018-10-03 |
| Year Low | 9.39 | Year Low Date | 2018-11-28 |
| 52wk High | 16.3864 | 52wk High Date | 2024-07-05 |
| 52wk Low | 13.17 | 52wk Low Date | 2024-09-10 |
| Year End Close | 25.94 | Average Volume | 404,359 |
| Shares Outstanding | 45,000 | Assets | 6,925M |
| Beta | 1.09 | Volatility | 37.63 |