Brent Crude NYMEX (BZ.FUT)

Close: 114.03 (+0.47), May 25, 2022
Positive

Automatic technical analysis. Medium term, May 25, 2022

Brent Crude NYMEX is in a rising trend channel in the medium long term. This shows that investors over time have bought the future at higher prices and indicates good development for the future. It also gave positive signal from the rectangle formation at the break up through the resistance at 112. Further rise to 123 or more is signaled. The future has support at 100 and resistance at 128. The RSI curve shows a rising trend, which supports the positive trend. The future is overall assessed as technically positive for the medium long term.

Recommendation one to six months: Positive (Score: 64)

Period  
Vol.bal. Volatility Liquidity +/- %
1 day-1.75%1.24+0.41%
5 days-36.765.89%1.98+4.51%
22 days-16.2515.50%2.05+11.44%
66 days8.1733.47%2.08+21.91%

More analyses of Brent Crude NYMEX

chart Brent Crude NYMEX (BZ) Candlesticks 22 Days
Candlesticks
chart Brent Crude NYMEX (BZ) Short term
Short term: Positive
chart Brent Crude NYMEX (BZ) Medium term
Medium term: Positive
chart Brent Crude NYMEX (BZ) Long term
Long term: Positive
 


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Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

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