Oil daily chart
- Crude oil WTI is trading in a bear trend below its 200-day simple moving average.
Oil 4-hour chart
- Crude oil is trading above its main SMAs suggesting bullish momentum in the medium-term.
Oil 30-minute chart
- WTI bulls regained the 54.00 figure opening the gates to test 54.60 and 55.40 to the upside in the coming days.
- On the way down, investors can expect support at the 54.00 and 53.20 level.
Additional key levels
WTI
Overview:
Today Last Price: 54.29
Today Daily change: 36 points
Today Daily change %: 0.67%
Today Daily Open: 53.93
Trends:
Daily SMA20: 53.21
Daily SMA50: 50.93
Daily SMA100: 57.53
Daily SMA200: 63.33
Levels:
Previous Daily High: 55.41
Previous Daily Low: 53.71
Previous Weekly High: 55.79
Previous Weekly Low: 51.43
Previous Monthly High: 55.48
Previous Monthly Low: 44.52
Daily Fibonacci 38.2%: 54.36
Daily Fibonacci 61.8%: 54.76
Daily Pivot Point S1: 53.29
Daily Pivot Point S2: 52.65
Daily Pivot Point S3: 51.59
Daily Pivot Point R1: 54.99
Daily Pivot Point R2: 56.05
Daily Pivot Point R3: 56.69