


Technical Sentiment Analysis for Invesco DB Oil Fund (DBO). As of 2026-05-22, Invesco DB Oil Fund (DBO) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 8 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DBO stands at 55.06, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.67, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 63.28 and the Commodity Channel Index (CCI) at 21.96 further confirm a 1.17 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, DBO is trading above its 60-day moving average of $20.43 and above its 200-day long-term moving average of $15.33. Key price levels to watch include the immediate resistance at $23.96 and strong support at $21.68. A break above $23.96 could signal a bull continuation, while falling below $21.68 may test the next Fibonacci floor at $20.56.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 19.41 | 20.56 | 21.68 | 22.83 | 23.96 | 25.11 | 26.23 |
| Fibonacci | 20.56 | 21.43 | 21.96 | 22.83 | 23.7 | 24.24 | 25.11 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 55.06 |
| Stochastic Oscillator | 63.28 |
| Stochastic RSI | 73.01 |
| Commodity Channel Index (CCI) | 21.96 |
| Awesome Oscillator | 1.75 |
| Momentum | 1.17 |
| MACD | 0.67 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 23.03 | Sell |
| 10-Day | 22.81 | Sell |
| 20-Day | 22.37 | Buy |
| 60-Day | 20.43 | Buy |
| 200-Day | 15.33 | Buy |
| 250-Day | 14.98 | Buy |