Heating Oil 4 Hour Price Update
Updated February 18, 2021 01:53 AM GMT (09:53 PM EST)
Heating Oil is up 0.2% ($0) since the last 4 hour candle, 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 choppiness in the recent daily price action of Heating Oil continues; to start today, it came in at a price of 1.8377 US dollars, up 1.28% ($0.02) since yesterday. 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 yesterday. Here is a daily price chart of Heating Oil.
Heating Oil Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For another vantage point, consider that Heating Oil’s price has gone up 11 of the previous 14 trading days.