UNITED STATES BRENT OIL FUND (BNO)
US91167Q1004 - ETF
Taking everything into account, BNO scores 7 out of 10 in our technical rating. In the last year, BNO was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month BNO has a been trading in the 30.88 - 33.91 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, BNO did better than 80% of all other stocks.
BNO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BNO is performing more or less in line with the market.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Although BNO has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
26.68
33.77
When analyzing the support we can see 5 important areas.
- Support @31.02 from a horizontal line in the daily time frame.
- Support @30.52 from a trend line in the daily time frame.
- Support @29.73 from a horizontal line in the daily time frame.
- Support @28.19 from a trend line in the weekly time frame.
- Support @26.95 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 32.08 to 32.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 33.34 to 33.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.98
Mansfield-0.25
10 Day High32.87
10 Day Low30.88
20 Day High33.91
20 Day Low30.88
52 Week High33.91
52 Week Low24.19
Performance
1 Week-4.83%
2 Weeks-2.93%
1 Month-6.77%
3 Month12.31%
6 Month3.01%
12 Month22.97%
2 Year-8.37%
3 Year76.6%
5 Year73.55%
10 Year-29.21%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.25
RSI(14)37.38
LBB31.01
UBB33.46
UNITED STATES BRENT OIL FUND
NYSEARCA:BNO (5/2/2024, 7:04:01 PM)
Premarket: 31.18 +0.08 (+0.26%)31.1
+0.08 (+0.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.26%
1 Week-4.83%
2 Weeks-2.93%
1 Month-6.77%
3 Month12.31%
6 Month3.01%
12 Month22.97%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.55
ATR(20)%1.8%
ATR Inc
Range Today0.4
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High32.87
10 Day Low30.88
20 Day High33.91
20 Day Low30.88
52 Week High33.91
52 Week Low24.19
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume733.40K
Volume Incr6.86%
Vol(5)577.60K
Vol(50)514.47K