Heating Oil 4 Hour Price Update
Updated July 12, 2021 01:52 AM GMT (09:52 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 is up 1.64% ($0.03) since the previous day, marking the 2nd day in a row an upward move has occurred. Out of the 6 instruments in the energy commodity asset class, Heating Oil ended up ranking 3rd for the day in terms of price change relative to the previous day. Here is a daily price chart of Heating Oil.
Heating Oil Technical Analysis
Notably, Heating Oil crossed above its 20 day moving average yesterday. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 7 out of the past 10 days.