Data News > Technical Analysis Highlights - Crude Oil

Technical Analysis Highlights - Crude Oil

By KlickAnalytics Data Insights  |   May 31, 2024 07:41AM ET

Following are the primary takeaways from the technical analysis summary for Crude Oil ($CL).
Technical Indicators
  • Spurt UP : SMA10 > SMA20 : No
  • Short term UP : SMA10 > SMA20 > SMA50 : No
  • Medium term UP : SMA10 > SMA20 > SMA50 > SMA100 : No
  • Long term UP : SMA10 > SMA20 > SMA50 > SMA100 > SMA200: No
  • UP coming : SMA10 > SMA50 > SMA20 : No
  • 5-days Simple Moving Average (78.67) signal is SELL
  • 10-days Simple Moving Average (78.14) signal is SELL
  • 20-days Simple Moving Average (78.62) signal is SELL
  • 50-days Simple Moving Average (81.08) signal is SELL
  • 100-days Simple Moving Average (80.22) signal is SELL
  • 200-days Simple Moving Average (78.46) signal is SELL
  • Close price vs SMA5 is -1.03%
  • Close price vs SMA10 is -0.36%
  • Close price vs SMA20 is -0.96%
  • Close price vs SMA50 is -3.97%
  • Close price vs SMA100 is -2.94%
  • Close price vs SMA200 is -0.77%
  • Technical Indicators - Analysis
    DataAnalysis
    Trend based on SMA 50/200Uptrend
    RSI (14 days): 43.03Neutral
    Bollinger Bands %b: 0.28No clear signal
    RSI (14 days): 43.03Neutral
    MACD: -0.60Bearish - Potential Sell Signal
    Average Directional Index (ADX): 26.84Trend strength is significant
    Commodity Channel Index (CCI): -81.99Neutral
    Volatility - Analysis
    DataAnalysis
    Volatility (7 days)1.20%
    Volatility (30 days)1.16%
    Volatility (60 days)1.16%
    Volatility (90 days)1.25%
    Volatility (180 days)1.60%
    Volatility (365 days)1.75%
    Volatility (year-to-date)1.42%
    Volume - Analysis
    DataAnalysis
    Highest Volume (7 days)338,585 on 05-30-2024 (1 days ago)
    Lowest Volume (7 days)430 on 05-26-2024 (5 days ago)
    Volume Drought (30 days)Detected
    Highest Volume (30 days)408,293 on 04-30-2024 (31 days ago)
    Lowest Volume (30 days)430 on 05-26-2024 (5 days ago)
    Volume Drought (60 days)Detected
    Highest Volume (60 days)523,243 on 04-18-2024 (43 days ago)
    Lowest Volume (60 days)430 on 05-26-2024 (5 days ago)
    Volume Drought (90 days)Detected
    Highest Volume (90 days)523,243 on 04-18-2024 (43 days ago)
    Lowest Volume (90 days)430 on 05-26-2024 (5 days ago)
    Volume Drought (180 days)Detected
    Highest Volume (180 days)577,936 on 02-01-2024 (120 days ago)
    Lowest Volume (180 days)10 on 11-19-2023 (194 days ago)
    Volume Drought (365 days)Detected
    Highest Volume (365 days)577,936 on 02-01-2024 (120 days ago)
    Lowest Volume (365 days)3 on 05-21-2023 (376 days ago)
    Volume Drought (0 days)Detected
    Highest Volume (year-to-date)577,936 on 02-01-2024 (120 days ago)
    Lowest Volume (year-to-date)28 on 01-21-2024 (131 days ago)
    Disclaimer: the above is a summary showing certain market information. KlickAnalytics is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from various resources and more. Communications displaying market prices, data and other information available in this post are meant for purely for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.