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Downtrend Broken Resist.Archive
- 8/21/2026 -
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PowerShares DB Agriculture Fund (DBA) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a third consecutive positive week for the PowerShares DB Agriculture Fund (DBA). During the week, the DBA gained 0.55 points, or 1.98%, and closed at 28.32 on Friday, August 21, 2026. Weekly volume was 42% 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 downtrend resistance line (27.73) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. DBA may retest the broken resistance line. It is considered to be a support line now. 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 June 15, 2026 at 26.16 and reached 28.48 on August 20, 2026. DBA gained -2.32 points, or -8.87%, in 9 weeks. The price is now at the 6.90% retracement level.
 Weekly Technical Indicators: [See DBA weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. 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 Williams' Percentage Range help.
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, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. Use the following link to access a MACD help.
 Short-term trend: [See DBA short-term trend chart]
A short-term uptrend had started on August 6, 2026 at 27.37 and reached 28.48 on August 20, 2026. DBA gained -1.11 points, or -4.06%, in 14 days. The chart has formed a Rising Wedge chart pattern. The uptrend resistance line (27.89) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.
During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
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