Ethanol (DL1) Up $0 On 4 Hour Chart, Entered Today Up 0.09%; in an Uptrend Over Past 90 Days

Ethanol 4 Hour Price Update

Updated July 30, 2020 03:06 AM GMT (11:06 PM EST)

Ethanol is up 0.09% ($0) since the previous 4 hours, marking the 2nd candle in a row an increase has occurred. Out of the 6 instruments in the energy commodity asset class, Ethanol ended up ranking 5th for the four-hour candle in terms of price change relative to the previous 4 hours.

Ethanol Daily Price Recap

Ethanol came into today up 0.09% ($0) from the open of the previous day, marking the 2nd day in a row it has gone up. Out of the 6 instruments in the energy commodity asset class, Ethanol ended up ranking 5th for the day in terms of price change relative to the previous day. Below is a daily price chart of Ethanol.

DL1

Ethanol Technical Analysis

Coming into today Ethanol is now close to its 20 and 50 day averages, located at 1.19 and 1.15 respectively, and thus may be at a key juncture along those timeframes. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 30 days Ethanol’s price has gone up 18 them.