The Greedy Trader Weekly Analysis
Sign In Jun 15, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   IndustriesExpand    Industries
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 0
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
PowerShares DB Agriculture Fund
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend resistance linePrice is near the Fibonacci 61.8% retracement level
Daily :Daily  MACD line has moved below its signal lineThe price has fallen below the Parabolic SAR20 Day Moving Average has crossed below the 50 Day Moving AverageWilliams' Percentage Range and Lane's Stochastic are oversoldThe price has declined below the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was the negative week for the PowerShares DB Agriculture Fund (DBA). During the week, the DBA dropped -0.37 points, or -1.93%, and closed at 18.77 on Friday, June 08, 2018. Weekly volume was 20% above average.

Long-term trend: [See DBA long-term trend chart]
A long-term downtrend had started on April 29, 2014 at 29.41 and reached 18.18 on December 12, 2017. DBA lost 11.23 points, or 38.18%, in 189 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (17.82) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.

Medium-term trend: [See DBA medium-term trend chart]
A medium-term uptrend had started on December 12, 2017 at 18.18 and reached 19.68 on March 6, 2018. DBA gained -1.50 points, or -8.25%, in 12 weeks. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Weekly Technical Indicators: [See DBA weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since January 19, 2018. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. Use the following link to access a MACD help.

Short-term trend: [See DBA short-term trend chart]
A short-term downtrend had started on May 3, 2018 at 19.54 and reached 18.53 on June 7, 2018. DBA lost 1.01 points, or 5.17%, in 35 days. The chart has formed a Falling Channel chart pattern. The trend support level is at 18.52 and resistance is at 19.35. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a short-term trend.

Daily Technical Indicators: [See DBA daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 47.19
Williams' Percentage Range (W%R) 89.90
Oversold
Lane's Stochastic (%D-Slow) 12.45
Oversold
Greed/Fear Indicator (GFI) 23.25
Moving Average Converg./Diverg. (MACD) -0.02
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 39.38
Williams' Percentage Range (W%R) 77.90
Lane's Stochastic (%D-Slow) 52.84
Greed/Fear Indicator (GFI) 40.11
Moving Average Converg./Diverg. (MACD) -0.03
Trading Signals
Description Value Chart
Upper Bollinger Band 19.44
Weekly Trendline Resistance 19.35
Parabolic System 19.27
Weekly Stochastic Crossing 19.04
50 Day Moving Average 18.98
20 Day Moving Average 18.95
Price 18.77
Daily Stochastic Crossing 18.65
Weekly Trendline Support 18.52
Lower Bollinger Band 18.46
Quarterly Trendline Support 17.82
Quarterly Trendline Resistance 16.97
Sector and Industry
Description Name Rank
Sector
Industry
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 19.42
High Date 05/24/2018
Low 18.53
Low Date 06/07/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 19.35
Support 18.52
High 19.54
High Date 05/03/2018
Low 18.53
Low Date 06/07/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 18.18
Low Date 12/12/2017
High 19.68
High Date 03/06/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 16.97
Support 17.82
High 29.41
High Date 04/29/2014
Low 18.18
Low Date 12/12/2017
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 35.58
High Date 03/04/2011
Low 18.18
Low Date 12/12/2017
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.