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Stock Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Invesco DB Oil Fund (PACF:DBO)
Crossroads (-60) - DBO is struggling to move into a solid trend. Beware of choppy markets 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.
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MarketClub’s Trade Triangles for DBO
The long-term trend has been UP since Apr 1st, 2024 at 15.580
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 15.510
The short-term trend has been DOWN since Apr 17th, 2024 at 15.865
Smart Scan Analysis for DBO
Based on our trend formula, DBO is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.4400 | 15.6001 | 15.3000 | 15.5900 | -0.0200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.5900 | 365194 | 2024-04-22 15:59:50 |
| Year High | 14.155 | Year High Date | 2018-10-03 |
| Year Low | 9.39 | Year Low Date | 2018-11-28 |
| 52wk High | 18.26 | 52wk High Date | 2023-09-27 |
| 52wk Low | 13.21 | 52wk Low Date | 2023-05-04 |
| Year End Close | 25.94 | Average Volume | 353,271 |
| Shares Outstanding | 45,000 | Assets | 6,925M |
| Beta | 1.09 | Volatility | 37.63 |