DBO

Technical Sentiment Analysis for Invesco DB Oil Fund (DBO). As of 2026-04-16, Invesco DB Oil Fund (DBO) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 11 indicators are flashing buy, while 0 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DBO stands at 59.32, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.57, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 58.28 and the Commodity Channel Index (CCI) at 26.54 further confirm a 1.16 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, DBO is trading above its 60-day moving average of $16.86 and above its 200-day long-term moving average of $14.27. Key price levels to watch include the immediate resistance at $20.82 and strong support at $18.86. A break above $20.82 could signal a bull continuation, while falling below $18.86 may test the next Fibonacci floor at $17.84.