Heating Oil (HO1) Up $0 Over Past 4 Hours, Started Today Up 0.07%; Pin Bar Pattern Appearing on Chart

Heating Oil 4 Hour Price Update

Updated August 03, 2020 07:09 AM GMT (03:09 AM EST)

The back and forth price flow continues for Heating Oil, which started the current 4 hour candle off at 1.2294 US dollars, up 0.07% ($0) from the previous 4 hours. Relative to other instruments in the energy commodity asset class, Heating Oil ranked 4th since the previous 4 hours in terms of percentage price change.

Heating Oil Daily Price Recap

Heating Oil entered today at $1.2294, up 0.07% ($0) from the day prior. Relative to other instruments in the energy commodity asset class, Heating Oil ranked 4th since the day prior in terms of percentage price change. Here is a daily price chart of Heating Oil.

HO1

Heating Oil Technical Analysis

Coming into today Heating Oil is now close to its 20 day averages, located at 1.24 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 90 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 30 days Heating Oil’s price has gone up 16 them. Also, candlestick traders! Note we see pin bar pattern appearing here as well.

Overheard on Twitter

Over on Twitter, here were the top tweets about Heating Oil:

  • From HewittPete:

    @rosehaire @chrissierussell I got one delivery of home heating oil when we bought our house in Belfast; the place had been unoccupied and was freezing and vaguely damp-feeling. (I think there was an immersion but we never turned it on). First thing we did after that was put in a new gas combi (phew).

  • From JohnPeate5:

    @jdouglaslittle @krismeloche There is no need to keep that slander up, Doug. The scales were discussed. And, Pierre’s family money comes fro, a heating oil company. Hardly the territory fir the vast sums that would be involved in each of his offspring and ex wife being what you claim.

  • From 350Mass:

    @AdrianMadaro: “We play host to the majority of the state‚Äôs jet fuel and heating oil, brought up the Chelsea Creek to big oil tanks along our waterfront. And cutting through the center of East Boston is route 1A,