WT BRENT CRUDE OIL (BRNT.MI) Stock Technical Analysis
BIT:BRNT - Euronext Milan - JE00B78CGV99 - ETF - Currency: EUR
Overall BRNT gets a technical rating of 0 out of 10. BRNT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, BRNT is a bad performer in the overall market: 69% of all stocks are doing better.
In the last month BRNT has a been trading in the 44.22 - 51.63 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: BRNT has an average volume of 10074 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
BRNT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
The technical rating of BRNT is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
41.08
53.89
When analyzing the support we can see 3 important areas.
- Support @43.75 from a trend line in the weekly time frame.
- A support zone ranging from 42.34 to 42.40. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @41.49 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 47.87 to 50.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 51.30 to 53.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.27
Mansfield-0.92
10 Day High50.2
10 Day Low44.22
20 Day High51.63
20 Day Low44.22
52 Week High53.83
52 Week Low41.31
Performance
1 Week-7.46%
2 Weeks-8.01%
1 Month-9.18%
3 Month-2.41%
6 Month0.02%
12 Month-2.12%
2 Year11.16%
3 Year-0.42%
5 Year265.39%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.61
RSI(14)35.08
LBB44.71
UBB52.41
BIT:BRNT (3/7/2025, 7:00:00 PM)
45.33
+1.03 (+2.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.34%
1 Week-7.46%
2 Weeks-8.01%
1 Month-9.18%
3 Month-2.41%
6 Month0.02%
12 Month-2.12%
2 Year11.16%
3 Year-0.42%
5 Year265.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.21
ATR(20)%2.53%
ATR Inc67.77%
Range Today0.53
ADR(20)0.72
ADR(20)%1.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.27
Mansfield-0.92
10 Day High50.2
10 Day Low44.22
20 Day High51.63
20 Day Low44.22
52 Week High53.83
52 Week Low41.31
CS1 End43.75
CR1 Start47.87
Volume & EV
DER(3)0%
DER(5)0%
Volume5.05K
Volume Incr3.82%
Vol(5)5.51K
Vol(50)10.07K