Gasoline 4 Hour Price Update
Updated May 25, 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 closed yesterday up 2.38% ($0.05); this denotes the 2nd straight day an increase has occurred. 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 yesterday. Let’s take a look at the daily price chart of Gasoline.
Gasoline Technical Analysis
Moving average crossovers are always interesting, so let’s start there: Gasoline crossed above its 20 day moving average yesterday. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For another vantage point, consider that Gasoline’s price has gone up 19 of the previous 30 trading days.