


Technical Sentiment Analysis for United States Brent Oil Fund, LP ETV (BNO). As of 2026-07-02, United States Brent Oil Fund, LP ETV (BNO) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 5 indicators are flashing buy, while 7 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BNO stands at 28.54, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -3.31, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 4.39 and the Commodity Channel Index (CCI) at -91.17 further confirm a -3.82 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, BNO is trading above its 60-day moving average of $50.47 and above its 200-day long-term moving average of $38.43. Key price levels to watch include the immediate resistance at $43.92 and strong support at $38.87. A break above $43.92 could signal a bull continuation, while falling below $38.87 may test the next Fibonacci floor at $36.43.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 33.82 | 36.43 | 38.87 | 41.48 | 43.92 | 46.53 | 48.97 |
| Fibonacci | 36.43 | 38.36 | 39.55 | 41.48 | 43.41 | 44.6 | 46.53 |
2026-07-02
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 28.54 |
| Stochastic Oscillator | 4.39 |
| Stochastic RSI | 5.2 |
| Commodity Channel Index (CCI) | -91.17 |
| Awesome Oscillator | -8.77 |
| Momentum | -3.82 |
| MACD | -3.31 |
2026-07-02
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 40.19 | Sell |
| 10-Day | 41.31 | Sell |
| 20-Day | 45.05 | Sell |
| 60-Day | 50.47 | Sell |
| 200-Day | 38.43 | Buy |
| 250-Day | 36.8 | Buy |