BNO Technical Analysis & ETF Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

United States Brent Oil Fund, LP ETV (BNO) Moving Averages Convergence Divergence (MACD) indicator is 0.8, suggesting BNO is Neutral.

United States Brent Oil Fund, LP ETV (BNO) 20-Day simple moving average is 31.46, while United States Brent Oil Fund, LP ETV (BNO) share price is $31.88, making it Buy.

United States Brent Oil Fund, LP ETV (BNO) 60-Day simple moving average is 29.65, while United States Brent Oil Fund, LP ETV (BNO) share price is $31.88, making it Buy.

Technical Analysis for BNO

Technical Sentiment Analysis for United States Brent Oil Fund, LP ETV (BNO) As of 2026-02-12, 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 55.61, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.8, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 72.55 and the Commodity Channel Index (CCI) at 41.61 further confirm a -0.91 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, BNO is trading above its 60-day moving average of $29.65 and above its 200-day long-term moving average of $29.48. Key price levels to watch include the immediate resistance at $33.4 and strong support at $31.04. A break above $33.4 could signal a bull continuation, while falling below $31.04 may test the next Fibonacci floor at $29.83.

United States Brent Oil Fund, LP ETV (BNO) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	28.68	29.83	31.04	32.19	33.4	34.55	35.76
Fibonacci	29.83	30.73	31.29	32.19	33.09	33.65	34.55

United States Brent Oil Fund, LP ETV (BNO) Technical Indicators

2026-02-12

Name	Value
RSI_14	55.61
STOCHk_14_3_3	72.55
STOCHd_14_3_3	77.03
CCI_20	41.61
AO_5_34	2.04
MOM_10	-0.91
MACD_12_26_9	0.8

United States Brent Oil Fund, LP ETV (BNO) Relative Strength Index (RSI) is 55.61, creating a Neutral signal.

United States Brent Oil Fund, LP ETV (BNO) Stochastic Oscillator is 72.55, creating a Neutral signal.

United States Brent Oil Fund, LP ETV (BNO) Stochastic RSI is 77.03, creating a Neutral signal.

United States Brent Oil Fund, LP ETV (BNO) Commodity Channel Index (CCI) is 41.61, creating a Neutral signal.

United States Brent Oil Fund, LP ETV (BNO) Awesome Oscillator is 2.04, creating a Buy signal.

United States Brent Oil Fund, LP ETV (BNO) Momentum is -0.91, creating a Sell signal.

United States Brent Oil Fund, LP ETV (BNO) MACD is 0.8, creating a Buy signal.

United States Brent Oil Fund, LP ETV (BNO) Moving Average

2026-02-12

Period	Simple	Signal
MA_5	32.38	Sell
MA_10	32.24	Sell
MA_20	31.46	Buy
MA_60	29.65	Buy
MA_200	29.48	Buy
MA_250	29.4	Buy

United States Brent Oil Fund, LP ETV (BNO) 5-Day simple moving average is 32.38, while United States Brent Oil Fund, LP ETV (BNO) share price is $31.88, making it a Sell.

United States Brent Oil Fund, LP ETV (BNO) 10-Day simple moving average is 32.24, while United States Brent Oil Fund, LP ETV (BNO) share price is $31.88, making it a Sell.

United States Brent Oil Fund, LP ETV (BNO) 20-Day simple moving average is 31.46, while United States Brent Oil Fund, LP ETV (BNO) share price is $31.88, making it a Buy.

United States Brent Oil Fund, LP ETV (BNO) 60-Day simple moving average is 29.65, while United States Brent Oil Fund, LP ETV (BNO) share price is $31.88, making it a Buy.

United States Brent Oil Fund, LP ETV (BNO) 200-Day simple moving average is 29.48, while United States Brent Oil Fund, LP ETV (BNO) share price is $31.88, making it a Buy.

United States Brent Oil Fund, LP ETV (BNO) 250-Day simple moving average is 29.4, while United States Brent Oil Fund, LP ETV (BNO) share price is $31.88, making it a Buy.