Technical Analysis for DBO - Invesco DB Oil

Grade Last Price % Change Price Change
grade B 10.23 3.86% 0.3800
DBO closed up 3.86 percent on Tuesday, January 21, 2020, on 25 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A N/A Up
Historical DBO trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Gapped Up Strength 0.00%
Multiple of Ten Bearish Other 3.86%
Narrow Range Bar Range Contraction 5.57%
Gapped Down Weakness 5.57%
Narrow Range Bar Range Contraction 2.40%
Multiple of Ten Bearish Other 2.40%
Older signals for DBO ...

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Profile

The investment seeks to track the DBIQ Optimum Yield Crude Oil Index Excess Return™ (DBIQ-OY CL ER™), which is intended to reflect the changes in market value of crude oil. The single index Commodity consists of Light, Sweet Crude Oil (WTI).
Chemistry Crude Oil Petroleum Commodity Price Indices Dblci Optimum Yield (Oy) Index

Is DBO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 13.93
52 Week Low 9.31
Average Volume 417,183
200-Day Moving Average 0.0000
50-Day Moving Average 0.0000
20-Day Moving Average 0.0000
10-Day Moving Average 9.7690
Average True Range 0.6015
ADX 0.0
+DI 30.0976
-DI 43.2107
Chandelier Exit (Long, 3 ATRs ) 12.1255
Chandelier Exit (Short, 3 ATRs ) 11.1145
Upper Bollinger Band 0.0000
Lower Bollinger Band 0.0000
Percent B (%b) 0.0
BandWidth 0.0000
MACD Line -0.5435
MACD Signal Line -0.3609
MACD Histogram -0.1825
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.3650
Resistance 3 (R3) 10.3767 10.3433 10.3425
Resistance 2 (R2) 10.3433 10.3090 10.3375 10.3350
Resistance 1 (R1) 10.2867 10.2877 10.3150 10.2750 10.3275
Pivot Point 10.2533 10.2533 10.2675 10.2475 10.2533
Support 1 (S1) 10.1967 10.2190 10.2250 10.1850 10.1325
Support 2 (S2) 10.1633 10.1977 10.1575 10.1250
Support 3 (S3) 10.1067 10.1633 10.1175
Support 4 (S4) 10.0950