Oil Technical Analysis: WTI stays bullish near multi-month’s highs


Oil daily chart

  • WTI is trading in a bull trend above its main simple moving averages (SMAs).

Oil 4-hour chart

  • Crude oil bull trend remains intact above $66.00 a barrel. 

Oil 30-minute chart

  • WTI is trading above its 200 SMA suggesting bullish momentum in the short-term.
  • The level to beat for bulls is the 66.60 level followed by 67.00 and 67.40.
  • Support is seen initially at 65.60 and then 64.10 level.

Additional key levels

WTI

Overview
Today last price 65.84
Today Daily Change 0.05
Today Daily Change % 0.08
Today daily open 65.79
 
Trends
Daily SMA20 63.55
Daily SMA50 59.95
Daily SMA100 55.52
Daily SMA200 60.57
Levels
Previous Daily High 66.41
Previous Daily Low 65.67
Previous Weekly High 64.72
Previous Weekly Low 63.14
Previous Monthly High 60.78
Previous Monthly Low 54.79
Daily Fibonacci 38.2% 65.95
Daily Fibonacci 61.8% 66.13
Daily Pivot Point S1 65.5
Daily Pivot Point S2 65.22
Daily Pivot Point S3 64.76
Daily Pivot Point R1 66.24
Daily Pivot Point R2 66.7
Daily Pivot Point R3 66.98

 

 

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