Gasoline 4 Hour Price Update
Updated April 01, 2021 01:53 AM GMT (09:53 PM EST)
Gasoline came into the current 4 hour candle down 0.05% ($0) from the open of the last 4 hour candle, marking the 3rd consecutive candle it has gone down. Out of the 6 instruments in the energy commodity asset class, Gasoline ended up ranking 3rd for the four-hour candle in terms of price change relative to the last 4 hour candle.
Gasoline Daily Price Recap
Gasoline is down 1.84% ($0.04) since the day prior, marking a reversal from the day prior — and the end of a 3 day positive run. Relative to other instruments in the energy commodity asset class, Gasoline ranked 4th since the day prior in terms of percentage price change. Below is a daily price chart of Gasoline.
Gasoline Technical Analysis
The first thing we should note is that Gasoline is now close to its 20 day averages, located at 2.02 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 14 days Gasoline’s price has gone down 8 them.