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Downtrend Broken Resist.Archive - 9/5/2025 - Sign In to see current Signals. |
iPath Dow Jones-AIG Commodity Idx TR ETN (DJP) Technical Analysis
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| Summary:
| | Weekly : | | Daily :   Move cursor over the icon to see details.
| | It was the negative week for the iPath Dow Jones-AIG Commodity Idx TR ETN (DJP). During the week, the DJP gave back -0.13 points, or -0.38%, and closed at 34.40 on Friday, September 5, 2025. DJP was trading at average weekly trading volume.
Long-term trend: [See DJP long-term trend chart] A long-term uptrend had started on May 31, 2023 at 29.15 and reached 36.02 on June 18, 2025. DJP gained -6.87 points, or -23.57%, in 107 weeks. The chart has formed a Broadening Right-Angled, Ascending Wedge chart pattern. The trend support level is at 29.60 and resistance is at 36.71. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a long-term trend.
Medium-term trend: [See DJP medium-term trend chart] A medium-term uptrend had started on April 9, 2025 at 31.48 and reached 36.02 on June 18, 2025. DJP gained -4.54 points, or -14.42%, in 10 weeks. The price is now at the 35.68% retracement level.
Weekly Technical Indicators: [See DJP weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since July 25, 2025. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
Short-term trend: [See DJP short-term trend chart] A short-term downtrend had started on June 18, 2025 at 36.02 and reached 33.18 on August 19, 2025. DJP lost 2.84 points, or 7.88%, in 62 days. The chart has formed a Falling Channel chart pattern.
Daily Technical Indicators: [See DJP daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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 link to access Lane's Stochastic help. The daily MACD line is above its signal line since August 20, 2025. A Parabolic SAR (stop and reversal) indicator (34.37) comes close to the price (34.40). 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. Price is close to the 50 Day Moving Average. 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.
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