Heating Oil (HO1) Up $0 On 4 Hour Chart, Moves Up For the 2nd Day In A Row; in an Uptrend Over Past 14 Days

Heating Oil 4 Hour Price Update

Updated February 16, 2021 01:53 AM GMT (09:53 PM EST)

Heating Oil came into the current 4 hour candle up 0.2% ($0) from the open of the previous 4 hours, marking the 2nd consecutive candle it has gone up. Heating Oil outperformed all 6 assets in the energy commodity asset class since the previous 4 hours.

Heating Oil Daily Price Recap

Heating Oil closed yesterday up 2.92% ($0.05); this denotes the 2nd day in a row it has gone up. Relative to other instruments in the energy commodity asset class, Heating Oil ranked 3rd since yesterday 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 another vantage point, consider that Heating Oil’s price has gone up 9 of the previous 10 trading days.