Invesco DB Commodity Index Trac (DBC)

Invesco DB Commodity Index Trac is trading at $30.87, up 1.28% on the session. The 50 day average sits at $28.50 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 59.5, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $29.27 with resistance near $30.37, so that band frames the current range. Average daily movement is roughly $0.47, or about 1.5% of the share price, which is what any stop placement has to allow for. The overall health score of 73 out of 100 combines a trend score of 68, momentum of 80 and a risk score of 71.

The fund pursues its investment objective by investing in a portfolio of exchange-traded futures on Light Sweet Crude Oil (WTI), Heating Oil, RBOB Gasoline, Natural Gas, Brent Crude, Gold, Silver, Aluminum, Zinc, Copper Grade A, Corn, Wheat, Soybeans, and Sugar. The index is composed of notional amounts of each of these commodities.