Overall DBO gets a technical rating of 1 out of 10. DBO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, DBO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 13.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.10, a Stop Loss order could be placed below this zone.
More info and screens
12.03
3 important support areas can be observed.
- A support zone ranging from 12.73 to 13.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.40 from a horizontal line in the daily time frame.
- Support @12.15 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 13.36 to 13.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.89 to 13.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.42 from a horizontal line in the daily time frame.
- A resistance zone ranging from 14.80 to 14.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for DBO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DBO is neutral. |
| ChartMill Relative Strength | 33.95 | NEUTRAL | DBO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DBO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DBO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DBO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.03 | NEUTRAL | The RSI value for DBO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests DBO has a positive trend. |
| Stochastics (14,3) | 70.25 | NEUTRAL | The Stochastics value for DBO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.99 | LOW VOLATILITY | The low ATR as a percentage value for DBO suggests low volalility. |
| Average Directional Index/ADX (14) | 7.53 | NEGATIVE | The low ADX value for DBO suggests a weak or negative trend. |
NYSEARCA:DBO (12/5/2025, 8:13:06 PM)
13.12
+0.1 (+0.77%)
INVESCO DB OIL FUND / DBO FAQ
What is the ChartMill technical rating of INVESCO DB OIL FUND (DBO) stock?
ChartMill assigns a technical rating of 1 / 10 to DBO.
Can you provide the trend direction for INVESCO DB OIL FUND?
The current trend direction for INVESCO DB OIL FUND (DBO) is Bearish.
What is the RSI signal for INVESCO DB OIL FUND (DBO) stock?
INVESCO DB OIL FUND (DBO) has an RSI value of 54.0311. This indicates that the stock is currently neutral.
What is the MACD signal for INVESCO DB OIL FUND (DBO) stock?
The MACD indicator for INVESCO DB OIL FUND (DBO) has a value of 0.028795, indicating a bearish trend.
What is the short term momentum for INVESCO DB OIL FUND (DBO) stock?
The short term momentum for INVESCO DB OIL FUND (DBO) is neutral.