||RSI is 39.7. According to RSI analysis, oil just got below it's support level and showing negative signal.
||OIL RSI Chart
||MACD: 1.98 and Signal Line: 5.13. According to MACD analysis, oil is marginally weak.
||OIL MACD Chart
|Simple Moving Average (?)
||Price just got below it's 50-day simple moving average which is a negative signal. According to simple moving average analysis, oil is facing resistance at 331 and support level is at 290.1295.
||OIL Simple Moving Average Chart
|Exponential Moving Average (?)
||Price just got below it's 50-day exponential moving average which is a negative signal. According to exponential moving average analysis, oil is facing resistance at 332 and support level is at 305.0762.
||OIL Exponential Moving Average Chart
|Bollinger Bands (?)
||%b is 0.199. According to bollinger bands, oil is technically weak.
||OIL Bollinger Bands Chart
|Fibonacci Retracement (?)
||According to fibonacci retracement, price is below all levels. Resistance levels are 332.385525, 339.80625 and 347.226975. Support is at 308.3625.
||OIL Fibonacci Retracement Chart
|Average True Range (?)
||OIL Average True Range Chart
|Average Directional Index (?)
||ADX is 22 which means OIL is in a trading range and there is no trend.
||OIL Average Directional Index Chart