DBO

Technical Sentiment Analysis for Invesco DB Oil Fund (DBO). As of 2026-03-24, Invesco DB Oil Fund (DBO) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 8 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DBO stands at 69.29, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.65, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 78.59 and the Commodity Channel Index (CCI) at 66.58 further confirm a 1.79 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, DBO is trading above its 60-day moving average of $14.85 and above its 200-day long-term moving average of $13.77. Key price levels to watch include the immediate resistance at $21.77 and strong support at $18.57. A break above $21.77 could signal a bull continuation, while falling below $18.57 may test the next Fibonacci floor at $16.79.