Heating Oil (HO1) Up $0 in Last 4 Hours, Makes Big Move Relative to Two Week Trend; 2 Day Down Streak Broken

Heating Oil 4 Hour Price Update

Updated January 06, 2021 01:52 AM GMT (09:52 PM EST)

Heating Oil is up 0.2% ($0) since the previous 4 hours, marking the 2nd consecutive candle it has gone up. On a relative basis, the current 4 hour candle were pretty good: Heating Oil bested all 6 of the assets in the energy commodity class 🙂

Heating Oil Daily Price Recap

1.5189 was the closing price of the day for Heating Oil, resulting in today being one in which price moved up 3.89% ($0.06) from the previous day. Out of the 6 instruments in the energy commodity asset class, Heating Oil ended up ranking 5th for the day in terms of price change relative to the previous day. Here is a daily price chart of Heating Oil.

HO1

Heating Oil Technical Analysis

Volatility for Heating Oil has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 8 out of the past 14 days.