DBC Surges Past Key Moving Average in Bullish Trend

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Invesco DB Commodity ETF Surpasses Key Average

Shares Climb Above 200-Day Moving Average Amid Positive Trading Day

On Wednesday, shares of the Invesco DB Commodity Index Tracking Fund ETF (Symbol: DBC) traded above the important 200-day moving average of $22.64, reaching a high of $22.69 per share. Currently, DBC shares are up approximately 1.6% for the day. Below is a chart illustrating the one-year performance of DBC in relation to its 200-day moving average:

Invesco DB Commodity Index Tracking Fund 200 Day Moving Average Chart

Looking at the chart, DBC’s lowest point in its 52-week range stands at $20.78 per share, while its highest point is $24.09. In comparison, the last recorded trade was at $22.67.

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

Additional Topics of Interest:
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  • Biotechnology Mergers and Acquisitions
  • Funds Holding FRC

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

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