BRENT CRUDE OIL

- USD (-)

- 10 min delayed data - NYMEX Futures

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Commodities
Ticker:	BRN
ISIN:

BRENT CRUDE OIL - 15 min. - Technical analysis published on 01/16/2025 (GMT)

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Timeframe : 15 min.
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bullish

Technical indicators

22%

28%

50%

My opinion

Bearish under 83.23 USD

My targets

81.43 USD (-0.60%)

80.23 USD (-2.06%)

My analysis

The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for BRENT CRUDE OIL as long as the price remains well below 83.23 USD. The next bearish objective for sellers is set at 81.43 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 80.23 USD. In case of crossing, the next objective would be the support located at 78.43 USD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 81.43 USD. With this support, against the trend traders who want to buy BRENT CRUDE OIL on a buy signal from their trading strategy should not hesitate to act.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

0.2

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Noreir. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The BRENT CRUDE OIL rating is 81.92 USD. The price is lower by -0.13% since the last closing with the lowest point at 81.82 USD and the highest point at 82.55 USD. The deviation from the price is +0.12% for the low point and -0.76% for the high point.

81.82

82.55

81.92

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of BRENT CRUDE OIL in 15 min. shows an overall slightly bullish trend. 60.71% of the signals given by moving averages are bullish. Caution: a reversal of the trend could be possible given the strong bearish signals of short-term moving averages. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 15 minutes

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : 15 minutes

On the 18 technical indicators analysed, 4 are bullish, 9 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 15 minutes

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 15 minutes

SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : 15 minutes

MACD indicator is back under 0

Type : Bearish

Timeframe : 15 minutes

Momentum indicator is back under 0

Type : Bearish

Timeframe : 15 minutes

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	77.50	79.57	81.67	81.92	82.63	84.87	96.22
Change (%)	-5.40%	-2.87%	-0.31%	-	+0.87%	+3.60%	+17.46%
Change	-4.42	-2.35	-0.25	-	+0.71	+2.95	+14.30
Level	Minor	Major	Minor	-	Intermediate	Major	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	77.23	78.43	80.23	81.43	83.23	84.43	86.23
Camarilla	81.21	81.48	81.76	82.03	82.31	82.58	82.86
Woodie	77.53	78.58	80.53	81.58	83.53	84.58	86.53
Fibonacci	78.43	79.58	80.28	81.43	82.58	83.28	84.43

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	71.66	73.68	76.72	78.74	81.78	83.80	86.84
Camarilla	78.37	78.83	79.30	79.76	80.22	80.69	81.15
Woodie	72.17	73.94	77.23	79.00	82.29	84.06	87.35
Fibonacci	73.68	75.61	76.81	78.74	80.67	81.87	83.80

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	67.30	68.87	71.75	73.32	76.20	77.77	80.65
Camarilla	73.42	73.82	74.23	74.64	75.05	75.46	75.86
Woodie	67.97	69.20	72.42	73.65	76.87	78.10	81.32
Fibonacci	68.87	70.57	71.62	73.32	75.02	76.07	77.77

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	49.95
MACD (12,26,9):	0.0000
Directional Movement:	-2.99
AROON (14):	35.72
DEMA (21):	82.20
Parabolic SAR (0,02-0,02-0,2):	82.40
Elder Ray (13):	-0.11
Super Trend (3,10):	82.44
Zig ZAG (10):	81.97
VORTEX (21):	0.8500
Stochastique (14,3,5):	32.83
TEMA (21):	82.07
Williams %R (14):	-86.79
Chande Momentum Oscillator (20):	-0.10
Repulse (5,40,3):	-0.3000
ROCnROLL:	-1
TRIX (15,9):	0.0000
Courbe Coppock:	0.13

MA7:	79.68
MA20:	76.13
MA50:	73.82
MA100:	73.38
MAexp7:	82.13
MAexp20:	82.20
MAexp50:	82.05
MAexp100:	81.65
Price / MA7:	+2.81%
Price / MA20:	+7.61%
Price / MA50:	+10.97%
Price / MA100:	+11.64%
Price / MAexp7:	-0.26%
Price / MAexp20:	-0.34%
Price / MAexp50:	-0.16%
Price / MAexp100:	+0.33%

Quotes : - 10 min delayed data - NYMEX Futures

News

The last news published on BRENT CRUDE OIL at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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