DBE Invesco DB Energy Forecast, Technical & Fundamental Analysis
The investment seeks to track the DBIQ Optimum Yield Energy Index Excess Return, which is intended to reflect the changes in market value of the energy sector... Show more
Momentum Indicator for DBE turns positive, indicating new upward trend
DBE saw its Momentum Indicator move above the 0 level on May 12, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 79 similar instances where the indicator turned positive. In of the 79 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for DBE just turned positive on May 06, 2025. Looking at past instances where DBE's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .
DBE moved above its 50-day moving average on May 13, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DBE advanced for three days, in of 367 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The 50-day moving average for DBE moved below the 200-day moving average on May 02, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DBE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
DBE broke above its upper Bollinger Band on May 13, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
General Information
Category CommoditiesBroadBasket
DBE and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, DBE has been closely correlated with USOI. These tickers have moved in lockstep 92% of the time. This A.I.-generated data suggests there is a high statistical probability that if DBE jumps, then USOI could also see price increases.
| Ticker / NAME | Correlation To DBE | 1D Price Change % | ||
|---|---|---|---|---|
| DBE | 100% | +2.24% | ||
| USOI - DBE | 92% Closely correlated | +0.97% | ||
| SLV - DBE | 34% Loosely correlated | +1.01% | ||
| BCIM - DBE | 27% Poorly correlated | +1.34% | ||
| IAU - DBE | 25% Poorly correlated | +0.46% | ||
| GLDM - DBE | 25% Poorly correlated | +0.42% | ||
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