|
|
| Number of records: 4 |
|
|
|
|
Bond & REIT ETFs Technical AnalysisArchive
- 3/17/2023 -
Sign In to see current Signals. |
iPath Dow Jones-AIG Commodity Idx TR ETN (DJP) |
 |
| 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 dropped -0.65 points, or -2.09%, and closed at 30.50 on Friday, March 17, 2023. DJP was trading at average weekly trading volume.
 Long-term trend: [See DJP long-term trend chart]
A long-term uptrend had started on March 18, 2020 at 15.61 and reached 41.71 on June 8, 2022. DJP gained -26.10 points, or -167.20%, in 116 weeks. The price is now at the 42.95% retracement level.
 Medium-term trend: [See DJP medium-term trend chart]
A medium-term downtrend had started on June 8, 2022 at 41.71 and reached 30.18 on March 16, 2023. DJP lost 11.53 points, or 27.64%, in 40 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend support line (32.74) is broken, while daily and weekly technical indicators are oversold. Downtrend 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 support in a medium-term trend.
 Weekly Technical Indicators: [See DJP weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since June 10, 2022. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term downtrend is getting stronger. 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 March 3, 2023 at 32.50 and reached 30.18 on March 16, 2023. DJP lost 2.32 points, or 7.14%, in 13 days. The price is now at the 13.79% retracement level.
 Daily Technical Indicators: [See DJP daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic.
The daily MACD line is below its signal line since March 8, 2023. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term downtrend is getting stronger.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
|
|
| Industry |
|
|
|
| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
32.50 |
| High Date |
03/03/2023 |
| Low |
30.18 |
| Low Date |
03/16/2023 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
33.95 |
| High Date |
01/18/2023 |
| Low |
30.18 |
| Low Date |
03/16/2023 |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
37.68 |
| High Date |
08/23/2022 |
| Low |
30.18 |
| Low Date |
03/16/2023 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Descending Triangle |
| Status |
Broken Support |
| Resistance |
32.31 |
| Support |
32.74 |
| High |
41.71 |
| High Date |
06/08/2022 |
| Low |
30.18 |
| Low Date |
03/16/2023 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
15.61 |
| Low Date |
03/18/2020 |
| High |
41.71 |
| High Date |
06/08/2022 |
|
|