CPER Daily Technical Analysis
United States Copper Index Fund
Provides exposure to copper futures prices. Copper is a critical industrial metal used in construction, manufacturing, renewable energy, and electric vehicles. Often called “Dr. Copper” due to its ability to signal global economic strength or weakness.
CPER Technical Analysis Summary
CPER has experienced a sharp short-term rejection from the major 41.00 resistance zone, breaking below both the 20-day and 50-day moving averages. While immediate momentum has shifted downward toward the lower Bollinger Band at 38.85, the broader long-term uptrend remains intact above the rising 200-day moving average at 36.86. A defense of the 38.50–38.85 support pocket is critical to prevent a deeper retracement toward major trend support.
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CPER Daily Chart
Sentiment
Short-term Sentiment (days to weeks): Bearish
Sharp rejection from the 41.00 multi-top resistance followed by a decisive drop below both the 20-day and 50-day moving averages.
Long-term Sentiment (weeks to months): Bullish
Price remains well above the ascending 200-day moving average (36.86) within an established multi-month sequence of higher swing lows.
Report Metadata
- Timeframe: daily
- Generated at: 2026-09-10T20:23:45.639Z
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $38.68 | $38.50 - $38.85 | Moderate | Aligns with the lower Bollinger Band and late-August breakout retest level. |
| $37.05 | $36.80 - $37.30 | Strong | Confluence of the rising 200-day SMA and the prominent swing lows from July. |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $39.55 | $39.20 - $39.90 | Moderate | Cluster formed by the 50-day SMA (39.22) and the 20-day SMA (39.88). |
| $41.10 | $40.90 - $41.30 | Strong | Upper Bollinger Band boundary and multiple failed breakout attempts marking the multi-month high. |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Moderate | Double Top | Bearish | $37.00 | Two distinct failure peaks near 41.00 in August and September indicate strong overhead supply. |
| Weak | Ascending Broadening Wedge | Neutral | N/A | Wider swings with higher highs and higher lows since the spring lows, currently pulling back toward the lower boundary. |
Frequently Asked Questions about CPER
What is the current sentiment for CPER?
The short-term sentiment for CPER is currently Bearish because Sharp rejection from the 41.00 multi-top resistance followed by a decisive drop below both the 20-day and 50-day moving averages.. The long-term trend is classified as Bullish.
What are the key support levels for CPER?
StockDips.AI has identified key support levels for CPER at $38.68 and $37.05. These levels may represent potential accumulation zones where buying interest could emerge.
Is CPER in a significant dip or a Value Dip right now?
CPER has a Value Score of 61/100. It is not currently flagged as a significant dip in the Top Dips list. It is not listed as a Value Dip because the long-term sentiment or value-score threshold does not qualify.
View the full interactive analysis on StockDips.AI.