Overbought/Oversold Commodity ETFs
Posted on May 10th, 2007 with stocks: DBA, DBB, DBC, DBE, DBO, DBP, DBS, DCR, DGL, DJP, GLD, GSG, GSP, IAU, OIL, SLV, UCR, UNG, USO
etf.seekingalpha.com
Hickey and Walters (Bespoke) submit: Bespoke readers seemed to like our recent Dividend ETFs report. As we mentioned in that post, we are in the process of developing a new ETF tool that will simplify the navigation process for ETF investors as well as add value with Bespoke's own ETF analysis.
Below we provide a second category of ETFs: Commodities. We have also included the price and where the ETF currently stands from a timing perspective. Red flags indicate the ETF is overbought, while green flags indicate that it is oversold. Be sure to check out the average daily volume of these ETFs as some are fairly illiquid.
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