UNITED STATES BRENT OIL FUND (BNO) Stock Technical Analysis
NYSEARCA:BNO - NYSE Arca - US91167Q1004 - ETF - Currency: USD
We assign a technical rating of 1 out of 10 to BNO. BNO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month BNO has a been trading in the 28.21 - 31.61 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the performance of all stocks over the past year, BNO turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
BNO is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Volume is considerably higher in the last couple of days.
The technical rating of BNO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
27.58
33.76
We found 2 important support areas.
- Support @28.96 from a trend line in the weekly time frame.
- A support zone ranging from 27.86 to 27.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 29.37 to 29.59. 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 30.27 to 30.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @31.56 from a horizontal line in the daily time frame.
- A resistance zone ranging from 32.65 to 33.43. 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
CRS52.27
Mansfield-0.79
10 Day High30.7
10 Day Low28.21
20 Day High31.61
20 Day Low28.21
52 Week High33.91
52 Week Low26.77
Performance
1 Week-3.78%
2 Weeks-4.63%
1 Month-4.66%
3 Month1.93%
6 Month4.16%
12 Month-2.62%
2 Year9.18%
3 Year-3.04%
5 Year267.81%
10 Year41.56%
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)-0.19
RSI(14)36.99
LBB28.25
UBB31.73
29.02
+0.4 (+1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.4%
1 Week-3.78%
2 Weeks-4.63%
1 Month-4.66%
3 Month1.93%
6 Month4.16%
12 Month-2.62%
2 Year9.18%
3 Year-3.04%
5 Year267.81%
10 Year41.56%
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%1.97%
ATR Inc10.87%
Range Today0.53
ADR(20)0.42
ADR(20)%1.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.27
Mansfield-0.79
10 Day High30.7
10 Day Low28.21
20 Day High31.61
20 Day Low28.21
52 Week High33.91
52 Week Low26.77
CS1 End28.96
CR1 Start29.37
Volume & EV
DER(3)-3.36%
DER(5)-3.9%
Volume807.10K
Volume Incr158.04%
Vol(5)857.20K
Vol(50)403.38K