The low may be in and trend change coming:
RSI breaking out of a multi year low
KST near crossing over on the monthly time frame
Higher low and nearing a higher high on the chart
30 month simple moving average flat and starting to turn up
DHT has shown bullish diverging RSI on the weekly time frame since February 2020. The chart also looks like an inverse head and shoulders with the current price forming the shoulder. If oil remains elevated and RSI breaks upwards DHT may move up as well. I think I'm going to buy a few shares to speculate.
The weekly RSI and KST have broken out of downtrends that started in October 2017. Following the new weekly RSI trend line this move may continue into mid 2021.
That blue dotted line is where I bought a few shares to speculate.
Daily RSI showing higher lows while daily price is showing lower lows for a bullish momentum divergence. Chart picture could also be a cup with currently forming handle. If price is able to move above $44 a barrel and hold it may be time to be long oil.