What does a 3-day price advance indicate for DBB?

Following a +0.59% 3-day Advance, the price is estimated to grow further. Considering data from situations where DBB advanced for three days, in 278 of 325 cases, the price rose further within the following month. The odds of a continued upward trend are 86%.

DBB

AS OF

Jan 17 closing price

Price

$19.35

Change

+$0.17 (+0.89%)

Net Assets

110.85M

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DBB Stock Invesco DB Base Metals (DBB, $19.61) Aroon Indicator entered an Uptrend on December 18, 2024.

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DBB - Invesco DB Base Metals

Aroon signal

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Odds of UP Trend

Price: $19.61

Daily change: -$0.28 (-1.41%)

Daily volume: 322.6K

Net Assets: $125.5M

Over the last three days, A.I.dvisor has detected that DBB's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. A.I.dvisor backtested this indicator and found 266 similar cases, of which were successful. Based on this data, the odds of success are

DBB's Stochastic Oscillator remains in oversold zone for 1 day

Be on the lookout for a price bounce soon.

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DBB advanced for three days, in of 325 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DBB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .