14.03 USD
+0.08 (+0.57%)
At close: Jan 30, 2026
13.9 USD
-0.13 (-0.93%)
After Hours: 1/30/2026, 8:04:00 PM
We assign a technical rating of 7 out of 10 to DBO. In the last year, DBO was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month DBO has a been trading in the 11.88 - 14.18 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- When comparing the performance of all stocks over the past year, DBO turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
- DBO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DBO is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although DBO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
11.79
14.18
When analyzing the support we can see 3 important areas.
- A support zone ranging from 13.89 to 13.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 12.71 to 13.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.91 to 12.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @14.04 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for DBO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DBO is up. |
| ChartMill Relative Strength | 41.68 | 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) | UP | POSITIVE | The current price of DBO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DBO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.01 | OVERBOUGHT | The high RSI value suggests DBO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests DBO has a positive trend. |
| Stochastics (14,3) | 92.29 | OVERBOUGHT | The high Stochastics value suggests DBO may be overbought. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for DBO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.2 | NEGATIVE | The low ADX value for DBO suggests a weak or negative trend. |
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)
14.03
+0.08 (+0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.57%
1 Week7.67%
2 Weeks11.79%
1 Month15%
3 Month6.05%
6 Month0.86%
12 Month-4.69%
2 Year-3.17%
3 Year-7.15%
5 Year54.69%
10 Year75.38%
15 Year-51.74%
Volatility
ATR(14)0.35
ATR(20)%2.45%
ATR Inc62.15%
Range Today0.4
ADR(20)0.27
ADR(20)%1.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.68
3 months CRS70.42
6 months CRS37.91
Mansfield-0.46
10 Day High14.18
10 Day Low12.59
20 Day High14.18
20 Day Low11.89
52 Week High14.94
52 Week Low11.59
CS1 End13.89
CR1 Start14.04
Volume & EV
DER(3)-0.11%
DER(5)1.26%
Volume1.12M
Volume Incr91.38%
Vol(5)744.36K
Vol(50)330.80K
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 7 / 10 to DBO.
What is the current trend direction of INVESCO DB OIL FUND (DBO) stock?
The current trend direction for INVESCO DB OIL FUND (DBO) is Bearish.
What is the RSI signal for DBO stock?
INVESCO DB OIL FUND (DBO) has an RSI value of 71.0058. This indicates that the stock is currently overbought.
What is the short term momentum for DBO stock?
The short term momentum for INVESCO DB OIL FUND (DBO) is positive.