||RSI is 38.2. According to RSI analysis, oil is weak.
||OIL RSI Chart
||MACD: -1.17 and Signal Line: -0.23. According to MACD analysis, oil is technically weak.
||OIL MACD Chart
|Simple Moving Average (?)
||According to simple moving average analysis, oil is facing resistance at 332 and support level is at 314.3704.
||OIL Simple Moving Average Chart
|Exponential Moving Average (?)
||According to exponential moving average analysis, oil is facing resistance at 332 and support level is at 317.8168.
||OIL Exponential Moving Average Chart
|Bollinger Bands (?)
||Bollinger bandwidth suggests a squeeze is happening, watch for a breakout below the lower band.%b is -0.115. According to bollinger bands, oil has hit the lower band which is a negative signal.
||OIL Bollinger Bands Chart
|Fibonacci Retracement (?)
||According to fibonacci retracement, price is below all levels. Resistance levels are 332.1566 and 335.85. Support level is 320.2.
||OIL Fibonacci Retracement Chart
|Average True Range (?)
||OIL Average True Range Chart
|Average Directional Index (?)
||ADX is 10.4 which means OIL is in a trading range and there is no trend.
||OIL Average Directional Index Chart