DBMF iMGP DBi Managed Futures Strategy ETF Forecast, Technical & Fundamental Analysis
DBMF's Stochastic Oscillator is remaining in oversold zone for 1 day
Be on the lookout for a price bounce soon.
Technical Analysis (Indicators)
Bullish Trend Analysis
The 10-day moving average for DBMF crossed bullishly above the 50-day moving average on December 12, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 10 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. 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 DBMF advanced for three days, in of 356 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 13, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on DBMF as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for DBMF turned negative on December 17, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 45 similar instances when the indicator turned negative. In of the 45 cases the stock turned lower in the days that followed. This puts the odds of success at .
DBMF moved below its 50-day moving average on December 13, 2024 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DBMF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for DBMF entered a downward trend on November 27, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Trading
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| SWMIX | 20.73 | 0.40 | +1.99% |
| Schwab International Opportunities | |||
| RRBGX | 174.48 | -0.42 | -0.24% |
| T. Rowe Price Blue Chip Growth R | |||
| SNORX | 32.82 | -0.16 | -0.49% |
| Easterly Snow Long/Short Opportunity R6 | |||
| HERTX | 10.26 | -0.08 | -0.77% |
| Hartford Emerging Markets Equity R5 | |||
| HAINX | 47.17 | -0.37 | -0.78% |
| Harbor International Institutional | |||
DBMF and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, DBMF has been closely correlated with AHLT. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if DBMF jumps, then AHLT could also see price increases.
| Ticker / NAME | Correlation To DBMF | 1D Price Change % | ||
|---|---|---|---|---|
| DBMF | 100% | +0.04% | ||
| AHLT - DBMF | 75% Closely correlated | -0.01% | ||
| FMF - DBMF | 43% Loosely correlated | -0.23% | ||
| KMLM - DBMF | 41% Loosely correlated | +0.57% | ||
| CTA - DBMF | 33% Poorly correlated | +0.49% | ||
| WTMF - DBMF | 1% Poorly correlated | -0.50% |