Gasoline 4 Hour Price Update
Updated June 11, 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 previous 4 hours, marking the 3rd consecutive candle it has gone down. Relative to other instruments in the energy commodity asset class, Gasoline ranked 3rd since the previous 4 hours in terms of percentage price change.
Gasoline Daily Price Recap
The choppiness in the recent daily price action of Gasoline continues; to start today, it came in at a price of 2.2122 US dollars, up 0.44% ($0.01) since the day prior. Out of the 6 instruments in the energy commodity asset class, Gasoline ended up ranking 4th for the day in terms of price change relative to the day prior. Here is a daily price chart of Gasoline.
Gasoline Technical Analysis
Notably, Gasoline is now close to its 20 day averages, located at 2.15 respectively, and thus may be at a key juncture along those timeframes. 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 10 out of the past 14 days.