Invesco Db Agriculture $DBA Technical Update

The Invesco Db Agriculture (NYSE: DBA) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for DBA, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

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Technical Summary

Term →Near Mid Long
Bias Weak Neutral Neutral
P1 17.70 17.19 15.93
P2 17.62 16.86
P3 0 18.08 17.80

Long Term Trading Plans for DBA

November 9, 2018, 11:15 am ET

The Technical Summary and Trading Plans for DBA help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this DBA Report.

DBA - (Long) Support Plan

Buy over 16.86 target 17.80 stop loss @ 16.6.
The technical summary data tells us to buy DBA near 16.86 with an upside target of 17.80. This data also tells us to set a stop loss @ 16.6 to protect against excessive loss in case the stock begins to move against the trade. 16.86 is the first level of support below 17.5 , and by rule, any test of support is a buy signal. In this case, support 16.86 is being tested, a buy signal would exist.

DBA - (Short) Resistance Plan

Short under 17.80 target 16.86 stop loss @ 18.06
The technical summary data is suggesting a short of DBA as it gets near 17.80 with a downside target of 16.86. We should have a stop loss in place at 18.06 though. 17.80 is the first level of resistance above 17.5, and by rule, any test of resistance is a short signal. In this case, if resistance 17.80 is being tested, a short signal would exist.

DBA Long Term Analysis

DBA Dividend Chart

DBA PE chart

DBA PEG chart