Oil daily chart
- Crude oil WTI is trading in a bear trend below its 200-day simple moving average.
- WTI dropped about $1.60 in the New York session.
Oil 4-hour chart
- WTI is trading above its main SMAs suggesting bullish momentum in the medium-term.
Oil 30-minute chart
- Oil is trading above its 200 SMA suggesting a bullish bias.
- In the short-term bulls can expect a bounce to the 54.40 level.
Additional key levels
WTI
Overview:
Today Last Price: 54.13
Today Daily change %: -0.35%
Today Daily Open: 54.32
Trends:
Daily SMA20: 52.27
Daily SMA50: 50.65
Daily SMA100: 58.29
Daily SMA200: 63.54
Levels:
Previous Daily High: 55.03
Previous Daily Low: 53.23
Previous Weekly High: 54.51
Previous Weekly Low: 51.91
Previous Monthly High: 54.68
Previous Monthly Low: 42.45
Daily Fibonacci 38.2%: 54.34
Daily Fibonacci 61.8%: 53.92
Daily Pivot Point S1: 53.36
Daily Pivot Point S2: 52.39
Daily Pivot Point S3: 51.56
Daily Pivot Point R1: 55.16
Daily Pivot Point R2: 55.99
Daily Pivot Point R3: 56.96