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DBP Makes Notable Cross Below Critical Moving Average

In trading on Friday, shares of the Invesco DB Precious Metals Fund ETF (Symbol: DBP) crossed below their 200 day moving average of $103.63, changing hands as low as $100.96 per share. Invesco DB Precious Metals Fund shares are currently trading off about 4.7% on the day. The chart below shows the one year performance of DBP shares, versus its 200 day moving average:

Invesco DB Precious Metals Fund 200 Day Moving Average Chart

Looking at the chart above, DBP’s low point in its 52 week range is $74.0699 per share, with $140.72 as the 52 week high point — that compares with a last trade of $100.96.

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

Further DBP Research:

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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