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Stock Trend Analysis Report
Prepared for you on Friday, October 4, 2024.
Invesco DB Commodity Index Tracking Fund (PACF:DBC)
Bull Market Weakness (+75) - DBC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DBC as it may be in the beginning stages of a reversal.
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 DOWN since Jul 19th, 2024 at 22.62
The intermediate-term trend has been UP since Sep 23rd, 2024 at 22.27
The short-term trend has been UP since Oct 1st, 2024 at 22.40
Smart Scan Analysis for DBC
Based on our trend formula, DBC is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.880 | 23.218 | 22.840 | 23.185 | +0.335 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.180 | 854562 | 2024-10-03 15:59:26 |
| Year High | 18.645 | Year High Date | 2018-10-03 |
| Year Low | 15.145 | Year Low Date | 2018-11-27 |
| 52wk High | 25.4 | 52wk High Date | 2023-10-20 |
| 52wk Low | 20.9 | 52wk Low Date | 2024-09-10 |
| Year End Close | 27.78 | Average Volume | 955,849 |
| Shares Outstanding | 123,800 | Assets | 224,582,148M |
| Liabilities | 78,903,816M | P/E Ratio | 55.425 |
| Beta | 1.01 | Volatility | 17.35 |