by junjie li, investmacro.com
Heating Oil End of Day: February 08 2019
The Heating Oil NY HARBOR Futures finished the North American session today with a increase of 0.52 percent and closed the day around the 1.9103 price level, according to unofficial data at the New York close. The HO opened at 1.9009 with the high of the day being 1.9183 and the low of the day at 1.8825.
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 55.6 for a Bullish reading on the daily time-frame.
Heating Oil Trends:
The Heating Oil NY HARBOR Futures has recorded an increase by 0.97 percent over the past 10 days while seeing a gain by 10.19 over the past 30 days. The 90-day change is -20.67 while the 180-day return and the 365-day return are -16.57 and 17.13, respectively.