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Stock Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
Invesco DB Commodity Index Tracking Fund (PACF:DBC)
Countertrend Down (-85) - DBC is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Nov 16th, 2023 at 23.6921
The intermediate-term trend has been DOWN since Nov 7th, 2023 at 24.4350
The short-term trend has been UP since Nov 21st, 2023 at 24.3250
Smart Scan Analysis for DBC
Based on our trend formula, DBC is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.98 | 24.23 | 23.93 | 24.16 | +0.30 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.86 | 470330 | 2023-11-28 14:48:12 |
| Year High | 18.645 | Year High Date | 2018-10-03 |
| Year Low | 15.145 | Year Low Date | 2018-11-27 |
| 52wk High | 25.78 | 52wk High Date | 2022-12-01 |
| 52wk Low | 22.05 | 52wk Low Date | 2023-05-31 |
| Year End Close | 27.78 | Average Volume | 1,385,138 |
| Shares Outstanding | 123,800 | Assets | 224,582,148M |
| Liabilities | 78,903,816M | P/E Ratio | 59.65 |
| Beta | 1.01 | Volatility | 17.35 |