DBO

Technical Sentiment Analysis for Invesco DB Oil Fund (DBO). As of 2026-03-04, Invesco DB Oil Fund (DBO) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 10 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for DBO stands at 80.13, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 0.61, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 85.95 and the Commodity Channel Index (CCI) at 239.6 further confirm a 2.27 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, DBO is trading below its 60-day moving average of $13.19 and below its 200-day long-term moving average of $13.29. Key price levels to watch include the immediate resistance at $16.35 and strong support at $13.43. A break above $16.35 could signal a bull continuation, while falling below $13.43 may test the next Fibonacci floor at $12.14.