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WT BRENT CRUDE OIL (BRNT.MI) Stock Technical Analysis

BIT:BRNT - Euronext Milan - JE00B78CGV99 - ETF - Currency: EUR

40.935  +0.26 (+0.63%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to BRNT. 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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, BRNT is a bad performer in the overall market: 84% of all stocks are doing better.
BRNT is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Warning: BRNT has an average volume of 7471 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month BRNT has a been trading in the 37.30 - 48.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
WT BRENT CRUDE OIL / BRNT Weekly stock chart
WT BRENT CRUDE OIL / BRNT Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, BRNT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

38.88

53.89

When analyzing the support we notice one important area.

  • Support @39.27 from a horizontal line in the weekly time frame.

3 important resistance areas can be observed.

  • Resistance @41.52 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 46.21 to 46.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 51.88 to 53.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.34
Mansfield-1.26
10 Day High42
10 Day Low38.8
20 Day High48.27
20 Day Low37.3
52 Week High53.83
52 Week Low37.3
Performance
1 Week1%
2 Weeks6.31%
1 Month-8.11%
3 Month-22.12%
6 Month-13.96%
12 Month-16.31%
2 Year-0.53%
3 Year-17.25%
5 Year269.92%
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)0.17
RSI(14)40.21
LBB38.66
UBB42.33
WT BRENT CRUDE OIL / BRNT Daily stock chart

WT BRENT CRUDE OIL

BIT:BRNT (4/25/2025, 7:00:00 PM)

40.935

+0.26 (+0.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.63%
1 Week1%
2 Weeks6.31%
1 Month-8.11%
3 Month-22.12%
6 Month-13.96%
12 Month-16.31%
2 Year-0.53%
3 Year-17.25%
5 Year269.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.88
ATR(20)%3.91%
ATR Inc-59.48%
Range Today0.78
ADR(20)1.07
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.34
Mansfield-1.26
10 Day High42
10 Day Low38.8
20 Day High48.27
20 Day Low37.3
52 Week High53.83
52 Week Low37.3
CS1 End39.27
CR1 Start41.52
Volume & EV
DER(3)0%
DER(5)0%
Volume2.76K
Volume Incr-22.85%
Vol(5)5.57K
Vol(50)7.47K