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 01/20/2025 (GMT)

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Timeframe : 15 min.
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

72%

22%

My opinion

Bullish above 80.26 USD

My targets

81.09 USD (+0.26%)

81.63 USD (+0.92%)

My analysis

The strong short-term increase of BRENT CRUDE OIL should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 80.26 USD, a purchase could be considered. The first bullish objective is located at 81.09 USD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 81.63 USD. If there is any crossing, the next objective would be the resistance at 82.46 USD. Caution, if there is a return under 80.26 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

3.2

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 price is 80.88 USD. The price registered an increase of +0.11% on the session and was traded between 80.15 USD and 81.24 USD over the period. The price is currently at +0.91% from its lowest and -0.44% from its highest.

80.15

81.24

80.88

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

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 a neutral overall trend. This indecision could turn into a bullish trend due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : 15 minutes

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 15 minutes

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 15 minutes

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 15 minutes

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Aroon indicator bullish trend

Type : Bullish

Timeframe : 15 minutes

Ichimoku - Bullish crossover : Tenkan & Kijun

Type : Bullish

Timeframe : 15 minutes

The analysis of the price chart with Central Patterns scanners does not return any result.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	77.89	79.57	80.37	80.88	81.30	81.93	82.63
Change (%)	-3.70%	-1.62%	-0.63%	-	+0.52%	+1.30%	+2.16%
Change	-2.99	-1.31	-0.51	-	+0.42	+1.05	+1.75
Level	Minor	Major	Intermediate	-	Intermediate	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	78.89	79.72	80.26	81.09	81.63	82.46	83.00
Camarilla	80.41	80.54	80.66	80.79	80.92	81.04	81.17
Woodie	78.74	79.65	80.11	81.02	81.48	82.39	82.85
Fibonacci	79.72	80.25	80.57	81.09	81.62	81.94	82.46

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	76.25	77.90	79.34	80.99	82.43	84.08	85.52
Camarilla	79.94	80.22	80.51	80.79	81.07	81.36	81.64
Woodie	76.16	77.85	79.25	80.94	82.34	84.03	85.43
Fibonacci	77.90	79.08	79.81	80.99	82.17	82.90	84.08

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):	57.77
MACD (12,26,9):	-0.0200
Directional Movement:	0.34
AROON (14):	71.43
DEMA (21):	80.47
Parabolic SAR (0,02-0,02-0,2):	80.18
Elder Ray (13):	0.15
Super Trend (3,10):	80.73
Zig ZAG (10):	80.70
VORTEX (21):	1.0200
Stochastique (14,3,5):	91.00
TEMA (21):	80.51
Williams %R (14):	-1.79
Chande Momentum Oscillator (20):	0.12
Repulse (5,40,3):	0.2800
ROCnROLL:	1
TRIX (15,9):	-0.0100
Courbe Coppock:	0.13

MA7:	80.80
MA20:	76.92
MA50:	74.08
MA100:	73.46
MAexp7:	80.58
MAexp20:	80.51
MAexp50:	80.62
MAexp100:	80.83
Price / MA7:	+0.10%
Price / MA20:	+5.15%
Price / MA50:	+9.18%
Price / MA100:	+10.10%
Price / MAexp7:	+0.37%
Price / MAexp20:	+0.46%
Price / MAexp50:	+0.32%
Price / MAexp100:	+0.06%

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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