WT BRENT CRUDE OIL (BRNT.L) Stock Technical Analysis
Europe - London Exchange - LON:BRNT - JE00B78CGV99 - ETF
Taking everything into account, BRNT scores 0 out of 10 in our technical rating. BRNT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of BRNT is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
43.10
We found 3 important support areas.
- A support zone ranging from 45.87 to 46.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 44.57 to 44.95. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @43.54 from a horizontal line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 46.92 to 48.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 49.56 to 49.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 50.88 to 51.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 52.37 to 52.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @54.24 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BRNT.L is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BRNT.L is down. |
| ChartMill Relative Strength | 13.17 | NEGATIVE | BRNT.L has a low relative strength, it was outperformed by 86.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BRNT.L is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BRNT.L is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BRNT.L is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.81 | NEUTRAL | The RSI value for BRNT.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests BRNT.L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23 | NEUTRAL | The Stochastics value for BRNT.L is a neutral value. |
| Average True Range in percent/ATR (20) | 1.39 | LOW VOLATILITY | The low ATR as a percentage value for BRNT.L suggests low volalility. |
| Average Directional Index/ADX (14) | 21.63 | NEUTRAL | The ADX value for BRNT.L suggests a possible start of a new trend. |
LON:BRNT (12/22/2025, 12:45:53 PM)
46.89
+1.08 (+2.36%)
WT BRENT CRUDE OIL / BRNT.L FAQ
Can you provide the ChartMill technical rating for WT BRENT CRUDE OIL?
ChartMill assigns a technical rating of 0 / 10 to BRNT.L.
What is the current trend direction of WT BRENT CRUDE OIL (BRNT.L) stock?
The current trend direction for WT BRENT CRUDE OIL (BRNT.L) is Bearish.
Can you provide the RSI signal for WT BRENT CRUDE OIL?
WT BRENT CRUDE OIL (BRNT.L) has an RSI value of 39.8133. This indicates that the stock is currently neutral.
What is the MACD signal for BRNT stock?
The MACD indicator for WT BRENT CRUDE OIL (BRNT.L) has a value of -0.155889, indicating a bearish trend.
Can you provide the support and resistance levels for WT BRENT CRUDE OIL?
WT BRENT CRUDE OIL (BRNT.L) has a support level at 44.95 and a resistance level at 45.87. Check the full technical report for our detailed analysis of BRNT.L support and resistance levels.