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Archive
- 8/7/2026 -
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PowerShares DB Agriculture Fund (DBA) Technical Analysis
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| Summary:
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| | It was a first positive week for the PowerShares DB Agriculture Fund (DBA). During the week, the DBA climbed 0.11 points, or 0.40%, and closed at 27.62 on Friday, August 7, 2026. Weekly volume was 10% above average.
 Long-term trend: [See DBA long-term trend chart]
A long-term downtrend had started on May 13, 2026 at 28.84 and reached 26.16 on June 15, 2026. DBA lost 2.68 points, or 9.29%, in 4 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 27.40 and resistance is at 28.26. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend.
 Medium-term trend: [See DBA medium-term trend chart]
A medium-term uptrend had started on June 15, 2026 at 26.16 and reached 28.36 on July 24, 2026. DBA gained -2.20 points, or -8.41%, in 5 weeks. The price is now at the 33.64% retracement 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 July 17, 2026. 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 July 24, 2026 at 28.36 and reached 27.37 on August 6, 2026. DBA lost 0.99 points, or 3.49%, in 13 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (27.35) 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 short-term trend.
 Daily Technical Indicators: [See DBA daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. 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.
The daily MACD line is below its signal line since July 27, 2026. This is an indication that the short-term trend is down.
A Parabolic SAR (stop and reversal) indicator (27.86) comes close to the price (27.62). It indicates that the trend is getting weaker. 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.
The price is close to 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.
 Candlestick pattern: [See DBA candlestick chart pattern]
On Friday the chart has formed a Bearish Downside Tasuki Gap Candlestick pattern. This is a rare continuation formation that appears in a strongly downward moving market. The reliability of the Bearish Downside Tasuki Gap pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Downside Tasuki Gap Candlestick pattern during the last week.
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