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Oil Technical Evaluation: WTI jumps above $57.00 a barrel

Oil every day chart

  • Crude oil WTI is breaking above the 100 SMA suggesting that bulls are getting stronger.

Oil 4-hour chart

  • Crude oil is buying and selling above the principle SMAs suggesting bullish momentum within the medium-term. 

Oil 30-minute chart

  • WTI is buying and selling above its predominant SMAs suggesting bullish momentum within the short-term. 
  • The subsequent bullish goal is at 57.70 and $58.00 a barrel.
  • Help is seen at 56.80 and 55.80 stage. 

 

Further key ranges

WTI

Overview:
    At this time Final Value: 57.3
    At this time Every day change: 83 ticks
    At this time Every day change %: 1.47%
    At this time Every day Open: 56.47
Tendencies:
    Every day SMA20: 54.13
    Every day SMA50: 51.42
    Every day SMA100: 55.59
    Every day SMA200: 62.77
Ranges:
    Earlier Every day Excessive: 56.67
    Earlier Every day Low: 55.72
    Earlier Weekly Excessive: 56.22
    Earlier Weekly Low: 51.56
    Earlier Month-to-month Excessive: 55.48
    Earlier Month-to-month Low: 44.52
    Every day Fibonacci 38.2%: 56.08
    Every day Fibonacci 61.8%: 56.31
    Every day Pivot Level S1: 55.9
    Every day Pivot Level S2: 55.34
    Every day Pivot Level S3: 54.95
    Every day Pivot Level R1: 56.85
    Every day Pivot Level R2: 57.24
    Every day Pivot Level R3: 57.8

 

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