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United States Brent Oil Fund LP

BNO•AMEX
Financial Services
Asset Management
$49.04
$0.79(1.64%)
U.S. Market opens in 25h 16m

United States Brent Oil Fund LP (BNO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for United States Brent Oil Fund LP (AMEX:BNO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BNO Technical Analysis Summary

United States Brent Oil Fund LP stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 88.39)
Trend Strength:Very Strong (ADX: 58.96)
Volatility:High (ATR: 2.47)
Support/Resistance:$27.41 – $48.73 (Bollinger Bands)

This mix signals that United States Brent Oil Fund LP is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 88.39

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 81.43

Bearish
Overbought levels may trigger pullback.

Williams %R: -7.26

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 44.75

Strongly Bullish
Strong upside momentum.

Takeaway:United States Brent Oil Fund LP shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 3.92

Bullish
Bullish, trend momentum is strengthening.

ADX: 58.96

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 2.47

Medium
Medium volatility, healthy price movement.

CCI (14): 132.25

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:United States Brent Oil Fund LP shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$48.73
Middle Band (SMA 20)
$38.07
Lower Band
$27.41
Current Position
Above Upper Band

Takeaway:United States Brent Oil Fund LP trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$44.64
Middle Line (EMA 20)
$39.71
Lower Channel
$34.78
Squeeze Status
No Squeeze

Takeaway:United States Brent Oil Fund LP trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume70.81M
Money Flow Index84.99Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index87.96Bullish, price momentum strongly favors buyers.

Overall Takeaway:BNO shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of United States Brent Oil Fund LP, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:United States Brent Oil Fund LP currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

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