United States Brent Oil Fund (BNO) — Technical state
As of 2026-11-02 — re-computed nightly across the coverage universe. Closelooknet diary readings, not advice.
The Closelooknet read
- Signal: Uptrend stack intact — Trades +6.8% vs the 50-day and +32% vs the 200-day average, 9% below the 52-week high and +143% off the 52-week low. Computed from daily closes. (as of 2026-11-02)
- Trend: United States Brent Oil Fund trades 6.8% above its 50-day and 32.0% above its 200-day moving average. (as of 2026-11-02)
The full read — the desk's view, the earnings record, peers and the company snapshot — is on the BNO overview. Research diary readings, not advice.
Trades +6.8% vs the 50-day and +32% vs the 200-day average, 9% below the 52-week high and +143% off the 52-week low. Computed from daily closes.
The moving-average stack
- vs 20-day-1.4%
- vs 50-day+6.8%
- vs 200-day+32%
- 52-week band9% off the high · +143% off the low
- Streak1 consecutive down session
- 50-day crossprice crossed up through the 50-day 61 sessions ago
- Stochastic%K 22.9 · %D 87.3 · bear cross
Continue: the BNO chart & overview · the signal board
FAQ · from the current data · as of 2026-11-02
Quick answers
What is the current Closelooknet signal on BNO?
Uptrend stack intact — Trades +6.8% vs the 50-day and +32% vs the 200-day average, 9% below the 52-week high and +143% off the 52-week low. Computed from daily closes. As of 2026-11-02; the signal board re-computes across the coverage universe nightly. A research diary reading, not advice.
Is BNO above its 50-day and 200-day moving averages?
As of 2026-11-02, United States Brent Oil Fund trades +6.8% above its 50-day and +32% above its 200-day average, with the 20-day -1.4% away.
How far is BNO from its 52-week high?
9% below the 52-week high and 143% above the 52-week low, as of 2026-11-02.
Mentioned on Closelooknet
Where BNO appears in the diary — 42 pieces, newest first. Every link is our own writing.
Go deeper
Dailies
- Oil — Brent −6.5% on Iran Talks Lifts Stocks; Amazon +5%, Oracle −6% on a $20 Billion Raise
Brent crude futures fall 6.5% to $106.01 a barrel from Friday's $113.43, and the oil funds USO and BNO lose 5.7% and 5.8%.
- Big Tech Week — Brazil ETF −15% on Lula's win, Musk calls a neocloud die-off, Kospi −1.5%; verdicts tonight
The defensives that had caught Thursday's money sold too — staples −1.9%, health care −1.1%, utilities −0.7% — while energy rose 2.6% as the oil funds BNO (+3.0%) and USO (+4.3%) pushed to fresh 52-week highs on Gulf supply risk.
- AI Trade — Sold the Builders, Bought the Users
After attacks on Saudi facilities, the Brent-tracking oil fund BNO rose 2.8% to a 52-week high.
- AI Trade — the users give back half their bid as chips bounce 1%; energy hits a 52-week high
SLB trades 7.1% higher at 53.09 after its quarterly report this morning, and the oil funds extend their highs: Brent-tracking BNO +2.7%, WTI-tracking USO +3.0%.
- Chips — the washout hits 7%, Asia refuses to follow, and oil funds close at 52-week highs
Overnight the panic stops at Asia's door — Kospi −0.4%, Hong Kong +0.9%, Nasdaq futures flat — while the oil funds BNO (Brent) and USO (WTI) closed at 52-week highs on Middle East supply fears.
- Chips — SOXX −3.7%, now 20% below its June high; software −2.4% as hot inflation and BlackRock weigh
- Earnings — J&J −6.2% and Citi −3.8% after beats; Micron −5.1%, chip fund back under its 50-day line
The oil fund BNO closed Monday at its highest close of the year; today the two benchmarks split.
- Korea — Kospi −5.5% breaks its 18-month uptrend; SK Hynix and Samsung about −8% on a China memory scare
Energy led the sectors: the energy fund XLE +1.4%, the Brent oil fund BNO +1.8% to 65.12, its highest close this year.