DBO Invesco DB Oil Forecast, Technical & Fundamental Analysis

DBO in +4.44% Uptrend, advancing for three consecutive days on June 03, 2025

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where DBO advanced for three days, in of 338 cases, the price rose further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for DBO just turned positive on May 08, 2025. Looking at past instances where DBO's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .

DBO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

The Momentum Indicator moved below the 0 level on June 04, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on DBO as a result. In of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

DBO moved below its 50-day moving average on June 04, 2025 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DBO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .