Ethanol (DL1) Down $0 in Last 4 Hours, Entered Today Down 0%; in an Uptrend Over Past 30 Days
For additional context, note that price has gone down 1 out of the past 10 days.
Ethanol
(Last Updated April 15, 2021)
Hello! This is the news page for Ethanol. Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
The Trend
On DL1, there is currently an uptrend on the 90, 30 and 14 day timeframes.
DL1 Moving Averages
Across several time periods between 20 and 200 days, the trend on DL1 has remained consistently bullish.
Below is a chart showing DL1’s price with its moving averages.
The View From the Weekly Timeframe
Currently, DL1’s price is up $0.09 (4.99%) from the week prior. Moreover, note that this move is a reversal from the week prior, which saw price move down. If you’re a trend trader, consider that the strongest clear trend on the weekly chart exists on the 10 week timeframe. Looking further out, the moving averages on the weekly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. DL1’s weekly price action over the past 52 weeks can be seen via the chart below.
Ethanol (DL1) Down $0 in Last 4 Hours, in an Uptrend Over Past 30 Days; Pin Bar Pattern Appearing on Chart
For another vantage point, consider that ethanol’s price has gone up 3 of the previous 30 trading days.
Ethanol (DL1) Down $0 Over Past 4 Hours, Moves Down For 7th Straight Day; in an Uptrend Over Past 90 Days
For additional context, note that price has gone down 1 out of the past 10 days.
Ethanol (DL1) Down $0 Over Past 4 Hours, Entered Today Down 0%; Pin Bar Pattern Appearing on Chart
For additional context, note that price has gone up 4 out of the past 30 days.
Ethanol (DL1) Down $0 in Last 4 Hours, Entered Today Down 0%; Pin Bar Pattern Appearing on Chart
For additional context, note that price has gone up 2 out of the past 10 days.
Ethanol (DL1) Down $0 On 4 Hour Chart, Started Today Down 0%; in an Uptrend Over Past 14 Days
Or to view things another way, note that out of the past 10 days ethanol’s price has gone up 2 them.
Ethanol (DL1) Down $0 in Last 4 Hours, 2 Day Up Streak Broken; in an Uptrend Over Past 90 Days
Relative to other instruments in the energy commodity asset class, ethanol ranked 5th since the day prior in terms of percentage price change.
Ethanol (DL1) Down $0 in Last 4 Hours, Tops All energy commodity; Pin Bar Pattern Appearing on Chart
Or to view things another way, note that out of the past 30 days ethanol’s price has gone up 7 them.
Ethanol (DL1) Down $0 in Last 4 Hours, 6 Day Up Streak Snapped; Breaks Above 20 Day Average
For additional context, note that price has gone up 7 out of the past 30 days.