Crude Oil Futures Bullish By 3% In The Last 5 Sessions

(VIANEWS) – Crude Oil (CL) has been up by 3.29% for the last 5 sessions. At 11:50 EST on Tuesday, 28 May, Crude Oil (CL) is $79.69.

Volume

Today’s last reported volume for Crude Oil is 204748, 99.99% below its average volume of 12910103027.27.

Volatility

Crude Oil’s last week, last month’s, and last quarter’s current intraday variation average was 0.83%, 0.47%, and 1.51%, respectively.

Crude Oil’s highest amplitude of average volatility was 1.44% (last week), 1.39% (last month), and 1.51% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Crude Oil’s commodity is considered to be overbought (>=80).

Previous days news about Crude Oil (CL)

  • Crude oil stretches gains, WTI tests $78.50 ahead of inflation data and looming opec+ meeting. According to FXStreet on Monday, 27 May, "West Texas Intermediate (WTI) US Crude Oil continued to gain on Monday, climbing above $78.50 per barrel. ", "US Crude Oil rebounded on Monday, extending a near-term rebound from the $76.00 handle, however, bullish momentum faces immediate technical resistance at the $80.00 price level. "

More news about Crude Oil (CL).

Leave a Reply

Your email address will not be published. Required fields are marked *