DCMT DoubleLine Commodity Strategy ETF Forecast, Technical & Fundamental Analysis
DCMT's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for DCMT turned positive on February 10, 2025. Looking at past instances where DCMT's MACD turned positive, the stock continued to rise in of 7 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on February 03, 2025. You may want to consider a long position or call options on DCMT as a result. In of 14 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 DCMT advanced for three days, in of 64 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 49 cases where DCMT Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for DCMT moved out of overbought territory on February 20, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 6 similar instances where the indicator moved out of overbought territory. In of the 6 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 12 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
DCMT broke above its upper Bollinger Band on February 10, 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
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| VRAI | 24.14 | N/A | N/A |
| Virtus Real Asset Income ETF | |||
| AVDV | 68.11 | -0.67 | -0.97% |
| Avantis International Small Cap Val ETF | |||
| PIN | 23.93 | -0.35 | -1.46% |
| Invesco India ETF | |||
| LABU | 91.18 | -3.42 | -3.62% |
| Direxion Daily S&P Biotech Bull 3X ETF | |||
| OARK | 9.65 | -0.64 | -6.22% |
| YieldMax ARKK Option Income Strategy ETF | |||
DCMT and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, DCMT has been closely correlated with DBC. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if DCMT jumps, then DBC could also see price increases.
| Ticker / NAME | Correlation To DCMT | 1D Price Change % | ||
|---|---|---|---|---|
| DCMT | 100% | -0.33% | ||
| DBC - DCMT | 91% Closely correlated | +0.13% | ||
| PDBC - DCMT | 90% Closely correlated | +0.29% | ||
| GSG - DCMT | 90% Closely correlated | -0.09% | ||
| FTGC - DCMT | 90% Closely correlated | N/A | ||
| BCI - DCMT | 85% Closely correlated | -0.23% |