by junjie li, investmacro.com
Heating Oil End of Day: October 10 2018
The Heating Oil NY HARBOR Futures finished the North American session today with a decrease of -1.67 percent and closed the day around the 2.3834 price level, according to unofficial data at the New York close. The HO opened at 2.4242 with the high of the day being 2.4289 and the low of the day at 2.38.
The Relative Strength Index, an indicator that can indicate overbought (above 80) and oversold levels (below 20), shows that the current RSI score is at 62.0 for a Bullish reading on the daily time-frame.
Heating Oil Trends:
The Heating Oil NY HARBOR Futures has advanced by 3.46 percent over the past 10 days while seeing a gain by 7.51 over the past 30 days. The 90-day change is 10.73 while the 180-day return and the 365-day return are 13.17 and 62.41, respectively.