DBE's Stochastic Oscillator stays in overbought zone for 5 days
The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Technical Analysis (Indicators)
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
DBE broke above its upper Bollinger Band on December 30, 2024. 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.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on December 27, 2024. You may want to consider a long position or call options on DBE as a result. In of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DBE advanced for three days, in of 359 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 313 cases where DBE Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category CommoditiesBroadBasket
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| HGOIX | 69.30 | 1.14 | +1.67% |
| Hartford Growth Opportunities I | |||
| MNNYX | 65.74 | 0.46 | +0.70% |
| Victory Munder Multi-Cap Y | |||
| WLIVX | 15.41 | 0.06 | +0.39% |
| WCM Focused International Equity Inv | |||
| IUEFX | 25.15 | 0.05 | +0.20% |
| JPMorgan International Focus R5 | |||
| GIDCX | 6.80 | -0.03 | -0.44% |
| Goldman Sachs Intl Eq Div & Prem C | |||
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% | -0.35% | ||
| USOI - DBE | 92% Closely correlated | -0.10% | ||
| BCIM - DBE | 27% Poorly correlated | -1.02% | ||
| SLV - DBE | 27% Poorly correlated | +0.04% | ||
| GLDM - DBE | 22% Poorly correlated | +0.52% | ||
| SGOL - DBE | 22% Poorly correlated | +0.53% | ||
More | ||||