DJP iPath® Bloomberg Cmdty TR ETN Forecast, Technical & Fundamental Analysis
DJP's MACD Histogram crosses above signal line
The Moving Average Convergence Divergence (MACD) for DJP turned positive on December 27, 2024. Looking at past instances where DJP's MACD turned positive, the stock continued to rise in of 46 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 December 30, 2024. You may want to consider a long position or call options on DJP as a result. In of 76 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
DJP moved above its 50-day moving average on December 24, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for DJP crossed bullishly above the 50-day moving average on January 02, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 13 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 DJP advanced for three days, in of 363 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 300 cases where DJP 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 Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 6 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 50-day moving average for DJP moved below the 200-day moving average on December 20, 2024. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
General Information
Category CommoditiesBroadBasket
| 1 Day | |||
|---|---|---|---|
| MFs / NAME | Price $ | Chg $ | Chg % |
| NGDRX | 28.76 | 0.29 | +1.02% |
| Neuberger Berman Large Cap Growth R3 | |||
| SPFIX | 75.38 | 0.75 | +1.00% |
| Shelton S&P 500 Index Investor | |||
| SGFCX | 42.23 | 0.39 | +0.93% |
| Sparrow Growth C | |||
| FFGAX | 18.65 | 0.17 | +0.92% |
| Fidelity Advisor Global Commodity Stk A | |||
| MINIX | 39.75 | 0.22 | +0.56% |
| MFS International Intrinsic Value I | |||
DJP and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, DJP has been closely correlated with BCI. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if DJP jumps, then BCI could also see price increases.
| Ticker / NAME | Correlation To DJP | 1D Price Change % | ||
|---|---|---|---|---|
| DJP | 100% | -0.82% | ||
| BCI - DJP | 99% Closely correlated | -0.67% | ||
| COMB - DJP | 99% Closely correlated | -0.57% | ||
| CMDY - DJP | 98% Closely correlated | -0.66% | ||
| BCD - DJP | 98% Closely correlated | -0.49% | ||
| NBCM - DJP | 96% Closely correlated | -0.29% | ||
More | ||||