HomeMost PopularDBC Breaks Above Key Moving Average, Signaling Bullish Momentum

DBC Breaks Above Key Moving Average, Signaling Bullish Momentum

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Invesco DB Commodity ETF Surges Past Key Average

Tuesday Trading Highlights: DBC Shares Climb Above $22.67

In trading on Tuesday, shares of the Invesco DB Commodity Index Tracking Fund ETF (Symbol: DBC) rose above their 200-day moving average of $22.67, reaching a peak of $22.85 per share. Currently, DBC shares show a gain of approximately 1.8% for the day. The chart below illustrates the one-year performance of DBC shares compared to its 200-day moving average:

Invesco DB Commodity Index Tracking Fund 200 Day Moving Average Chart

Examining the chart, the low point in DBC’s 52-week range is $20.90, while the high stands at $25.15. The most recent trading price was $22.80, placing it well within this range.

nslideshow Click here to find out which 9 other ETFs recently crossed above their 200-day moving average »

Additional Resources:
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The views and opinions expressed herein are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.

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