


Technical Sentiment Analysis for United States Brent Oil Fund, LP ETV (BNO). As of 2026-05-22, United States Brent Oil Fund, LP ETV (BNO) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 7 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BNO stands at 51.24, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.34, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 47.97 and the Commodity Channel Index (CCI) at -52.4 further confirm a 1.89 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, BNO is trading above its 60-day moving average of $50.74 and above its 200-day long-term moving average of $36.14. Key price levels to watch include the immediate resistance at $59.27 and strong support at $53.82. A break above $59.27 could signal a bull continuation, while falling below $53.82 may test the next Fibonacci floor at $51.2.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 48.37 | 51.2 | 53.82 | 56.65 | 59.27 | 62.1 | 64.72 |
| Fibonacci | 51.2 | 53.29 | 54.57 | 56.65 | 58.74 | 60.02 | 62.1 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 51.24 |
| Stochastic Oscillator | 47.97 |
| Stochastic RSI | 57.35 |
| Commodity Channel Index (CCI) | -52.4 |
| Awesome Oscillator | 3.52 |
| Momentum | 1.89 |
| MACD | 1.34 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 56.53 | Sell |
| 10-Day | 56.43 | Sell |
| 20-Day | 56.31 | Sell |
| 60-Day | 50.74 | Buy |
| 200-Day | 36.14 | Buy |
| 250-Day | 34.91 | Buy |