Crude Oil Futures Bearish By 5% In The Last 10 Sessions

(VIANEWS) – Crude Oil (CL) has been up by 5.05% for the last 10 sessions. At 11:50 EST on Friday, 10 May, Crude Oil (CL) is $79.00.

Volume

Today’s last reported volume for Crude Oil is 135908, 99.99% below its average volume of 12846568470.7.

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).

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