BNO Stock Summary and Trading Ideas (United States Brent Oil LP Etv | ARCA:BNO)

The investment objective of BNO is for the daily changes in percentage terms of its units net asset value to reflect the daily changes in percentage terms of the spot price of Brent crude oil as measured by the changes in the price of the futures contract on Brent crude oil as traded on the ICE Futures Exchange that is the near month contract to expire except when the near month contract is within two weeks of expiration in which case the futures contract will be the next month contract to expire (the Benchmark Futures Contract) less BNO s expenses.

United States Brent Oil LP Etv trades on the ARCA stock market under the symbol BNO.

As of February 28, 2025, BNO stock price declined to $30.16 with 313,282 million shares trading.

BNO has a market cap of $93.50 million. This is considered a Micro Cap stock.

In the last 3 years, BNO traded as high as $36.84 and as low as $23.69.

BNO has underperformed the market in the last year with a return of +1.2%, while SPY returned +18.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in BNO shares. However, BNO has outperformed the market in the last 3 month and 2 week periods, returning +4.1% and -1.6%, while SPY returned -0.4% and -2.5%, respectively. This indicates BNO has been having a stronger performance recently.

BNO support price is $29.86 and resistance is $30.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BNO shares will trade within this expected range on the day.