Brent 4 Hour Price Update
Updated April 21, 2021 01:54 AM GMT (09:54 PM EST)
The choppiness in the recent four-hour candle price action of Brent continues; to start the current 4 hour candle, it came in at a price of 50.01 US dollars, down 0.2% ($0.1) since the previous 4 hours. Relative to other instruments in the energy commodity asset class, Brent ranked 4th since the previous 4 hours in terms of percentage price change.
Brent Daily Price Recap
Brent entered today at $66.57, down 0.72% ($0.48) from yesterday. Relative to other instruments in the energy commodity asset class, Brent ranked 3rd since yesterday in terms of percentage price change. Below is a daily price chart of Brent.
Brent Technical Analysis
Coming into today Brent is now close to its 50 day moving averages, which may act as price barrier for the asset. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 9 out of the past 14 days.