United States Copper Index Fund (CPER) Monthly 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 βDr. Copperβ due to its ability to signal global economic strength or weakness.
CPER Technical Analysis Summary
CPER remains in a decisive secular bull market following its major breakout above the multi-year 30.00 resistance level. Price is consolidating near cyclical highs above its rising 20-month and 50-month moving averages, with monthly RSI at 65.00 confirming underlying trend strength. Any structural pullbacks toward the 34.00 or 28.50-30.00 zones represent normal corrective action within an intact long-term expansion.
Included In Lists
Related Tickers of Interest
CPER Monthly Chart
Sentiment
Short-term Sentiment (days to weeks): Bullish
Price is consolidating near secular highs above the rising 20-month moving average (34.23), accompanied by an RSI holding firmly in bullish territory at 65.00.
Long-term Sentiment (weeks to months): Bullish
Clear multi-year structural breakout above the major 2021-2022 highs near 30.00, with upward-sloping 20-month and 50-month moving averages confirming a sustained secular uptrend.
Report Metadata
- Timeframe: monthly
- Generated at: Nov 1, 2026
- Model: gemini-3.8-flash
Support Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $34.25 | $33.50 - $35.00 | Moderate | Aligns with the upward-sloping 20-month SMA (34.23) and the base of the recent expansion. |
| $29.25 | $28.00 - $30.50 | Strong | Major secular breakout level representing the multi-year horizontal peaks from 2021-2022, also supported by the rising 50-month SMA (28.60). |
Resistance Price Levels
| Level | Range | Strength | Notes |
|---|---|---|---|
| $42.25 | $41.50 - $43.00 | Strong | Recent multi-year chart high near 42.00-42.50 and upper Bollinger Band expansion ceiling (42.58). |
Potential Chart Patterns in Formation
| Strength | Pattern | Signal | Target | Details |
|---|---|---|---|---|
| Strong | Secular Base Breakout | Bullish | $46.00 | Multi-year rounded consolidation between 2021 and 2024 that completed a powerful upside breakout through the 30.00 zone, launching a sustained extension toward 42.00. |
Frequently Asked Questions about CPER
What is the current sentiment for CPER?
The short-term sentiment for CPER is currently Bullish because Price is consolidating near secular highs above the rising 20-month moving average (34.23), accompanied by an RSI holding firmly in bullish territory at 65.00. 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 $34.25 and $29.25. 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 70/100. 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.