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Crude Oil (CRUDEOIL) Technical (Analysis) Reports Crude Oil ["Technical Analysis"] Reports -COMMODITY Stock Exchange munafasutra.com

Complete & easy to understand technical analysis of Crude Oil (CRUDEOIL)

Technical Analysis Report for COMMODITY stock CRUDEOIL Crude Oil. Dated: 24 Apr 2024 Updated Daily. Stock trades under ENERGY in COMMODITY stock exchange

If you are looking for Tomorrow's Movement Predictions for COMMODITY stock CRUDEOIL Crude Oil then click here. or read Experts views on Crude Oil or Forecast & share price targets of Crude Oil

Crude Oil Opened at 6946.00 and Closed at: 6889.00, which is -0.57% of previous session's close. It moved within a range of 6881.00 and 6979.00
The session was a Bearish session with an average volume of 15062, which is -56.13% of previous session's volumes.

• Even though the stock has fallen, but its short term trend is positive and in an uptrend.
• Even though the stock has fallen, but its mid term trend is positive and in an uptrend.
• Even though the stock has fallen, but its long term trend is positive and in an uptrend.

A Dead cross was found 2 days back on short term averages

Support for tomorrow is 6836 and resistance for tomorrow is 6934
These support and resistance points are valid for the first 5-15 minutes charts

Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.

Support for tomorrow's hourly charts is 6853.67, 6818.33 resistance for tomorrow's hourly charts is 6951.67, 7014.33

10 Day SMA for Crude Oil (CRUDEOIL) is 7000.8 and stock is trading below these levels. This is not a good sign for its short term trend

20 Day SMA for Crude Oil (CRUDEOIL) is 7038.8 and the stock is trading below these levels. This is not a good sign for its mid term trend

50 Day SMA for Crude Oil (CRUDEOIL) is 6767.08 and the stock is trading above these levels. This is a good sign for its mid to long term trend

100 Day SMA is 6434.55 and the stock is trading above these levels. This is a good sign for its long term trend

200 Day SMA Crude Oil is 6639.71 and stock is trading above these levels. This is a good sign for its long term trend

20 DMA of Crude Oil is at 7038.8 and 200 DMA is at 6639.71, while 50 DMA and 100 DMA are at 6767.08 and 6434.55 respectively

Crude Oil (CRUDEOIL) moving average of 20 SMA is at 7038.8 and 20 EMA is at 6961.68

Crude Oil (CRUDEOIL) moving average of 50 SMA is at 6767.08 and 50 EMA is at 6795.29

Crude Oil (CRUDEOIL) moving average of 100 SMA is at 6434.55 and 100 EMA is at 6650.5

Crude Oil (CRUDEOIL) moving average of 200 SMA is at 6639.71 and 200 EMA is at 6585.04

Crude Oil has performed better than Natural Gas in short term. Holding Crude Oil could be a better choice for now!

Crude Oil Technical analysis of indicators

Price action analysis of Crude Oil (CRUDEOIL) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Crude Oil stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Crude Oil in short term but the sell signal is initial and weak.

Crude Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a buy signal for Crude Oil in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Crude Oil is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7021.62 and Crude Oil CRUDEOIL stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Crude Oil CRUDEOIL stock. Volume based technical analysis of Crude Oil CRUDEOIL stock is negative.

Crude Oil Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Tomorrow's Predictions

You should also read Tomorrow's Movement Predictions for COMMODITY stock CRUDEOIL Crude Oil These predictions are based on various factors, are easy to understand, and upto 75% accurate!

And CRUDEOIL Experts View which covers a lot of information including buying and selling signals

CRUDEOIL future forecast & share price targets

You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Crude Oil or View Candle Stick Charts here