


Technical Sentiment Analysis for United States Brent Oil Fund, LP ETV (BNO). As of 2026-07-07, United States Brent Oil Fund, LP ETV (BNO) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 6 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BNO stands at 39.05, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -3, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 20.82 and the Commodity Channel Index (CCI) at -47.09 further confirm a -1.19 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, BNO is trading above its 60-day moving average of $50.23 and above its 200-day long-term moving average of $38.53. Key price levels to watch include the immediate resistance at $42.65 and strong support at $38.99. A break above $42.65 could signal a bull continuation, while falling below $38.99 may test the next Fibonacci floor at $37.19.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 35.33 | 37.19 | 38.99 | 40.85 | 42.65 | 44.51 | 46.31 |
| Fibonacci | 37.19 | 38.58 | 39.45 | 40.85 | 42.24 | 43.11 | 44.51 |
2026-07-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 39.05 |
| Stochastic Oscillator | 20.82 |
| Stochastic RSI | 10.52 |
| Commodity Channel Index (CCI) | -47.09 |
| Awesome Oscillator | -7.77 |
| Momentum | -1.19 |
| MACD | -3 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 40.33 | Buy |
| 10-Day | 40.8 | Buy |
| 20-Day | 43.96 | Sell |
| 60-Day | 50.23 | Sell |
| 200-Day | 38.53 | Buy |
| 250-Day | 36.88 | Buy |