Heating Oil (HO1) Up $0 in Last 4 Hours, 8 Day Up Streak Ended; Evening Star Pattern Appearing on Chart

Heating Oil 4 Hour Price Update

Updated February 12, 2021 01:53 AM GMT (09:53 PM EST)

Heating Oil closed the last 4 hour candle up 0.2% ($0); this denotes the 2nd consecutive candle it has gone up. Heating Oil outperformed all 6 assets in the energy commodity asset class since the last 4 hour candle.

Heating Oil Daily Price Recap

Heating Oil’s 8 day positive streak has officially concluded, as the candle from the day prior closed down 0.93% ($0.02). Relative to other instruments in the energy commodity asset class, Heating Oil ranked 5th since the day prior in terms of percentage price change. Here is a daily price chart of Heating Oil.

HO1

Heating Oil Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 11 out of the past 14 days. Also, candlestick traders! Note we see evening star pattern appearing here as well.