DJCB Stock Summary and Trading Ideas (Etracs Bloomberg Commodity Index Total Return ETN Series B Due October 31 2039 | ARCA:DJCB)

The ETRACS Bloomberg Commodity Total Return Index Exchange Traded Note Series B is designed to track the performance of the Bloomberg Commodity Index TR (the Index ), less investor fees. The Index is designed to provide diversified commodity exposure with weightings based on each underlying commodity s liquidity and economic significance. The Index measures the collateralized returns from a basket of 23 commodity futures contracts representing the energy, precious metals, industrial metals, grains, softs and livestock sectors. In addition, the Index is rebalanced once a year to ensure that no commodity sector may constitute more than 33% of the Index as of the date of such rebalancing.

Etracs Bloomberg Commodity Index Total Return ETN Series B Due October 31 2039 trades on the ARCA stock market under the symbol DJCB.

As of April 25, 2024, DJCB stock price climbed to $21.33 with 805 million shares trading.

DJCB has a market cap of $44.79 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, DJCB stock traded as high as $27.36 and as low as $15.73.

DJCB has underperformed the market in the last year with a price return of +4.2% while the SPY ETF gained +25.6%. However, in the short term, DJCB had mixed performance relative to the market. It has outperformed in the last 3 months, returning +6.5% vs +3.5% return in SPY. But in the last 2 weeks, DJCB shares have been beat by the market, returning -2.8% compared to an SPY return of -2.8%.

DJCB support price is $20.32 and resistance is $22.28 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DJCB stock will trade within this expected range on the day.