Brent (CO1) Down $0.1 Over Past 4 Hours, Started Today Up 1.39%; in an Uptrend Over Past 14 Days

Brent 4 Hour Price Update

Updated February 16, 2021 01:53 AM GMT (09:53 PM EST)

50.01 was the closing price of the four-hour candle for Brent, resulting in the current 4 hour candle being one in which price moved down 0.2% ($0.1) from the previous 4 hours. Out of the 6 instruments in the energy commodity asset class, Brent ended up ranking 4th for the four-hour candle in terms of price change relative to the previous 4 hours.

Brent Daily Price Recap

Brent is up 1.39% ($0.87) since the day prior, marking the 2nd day in a row an upward move has occurred. Out of the 6 instruments in the energy commodity asset class, Brent ended up ranking 4th for the day in terms of price change relative to the day prior. Below is a daily price chart of Brent.

CO1

Brent Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 21 out of the past 30 days.