Heating Oil 4 Hour Price Update
Updated May 03, 2021 01:55 AM GMT (09:55 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
The end of a 6 day positive run has come for Heating Oil, which finished the day prior down 2.04% ($0.04). 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 day prior. Below is a daily price chart of Heating Oil.
Heating Oil Technical Analysis
The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For another vantage point, consider that Heating Oil’s price has gone up 9 of the previous 14 trading days.