Crude Oil Futures Bearish Momentum With A 12% Fall In The Last 21 Sessions

(VIANEWS) – Crude Oil (CL) has been up by 12.02% for the last 21 sessions. At 02:50 EST on Tuesday, 9 May, Crude Oil (CL) is $72.74.

Volume

Today’s last reported volume for Crude Oil is 14786, 99.99% below its average volume of 18203678006.81.

Volatility

Crude Oil’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.36%, a negative 0.59%, and a positive 1.78%, respectively.

Crude Oil’s highest amplitude of average volatility was 2.43% (last week), 1.78% (last month), and 1.78% (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 oversold (<=20).

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