Heating Oil got a lift by 0.45 percent – May 24 2019

May 27, 2019

by junjie li, investmacro.com

Heating Oil End of Day: May 24 2019

The Heating Oil NY HARBOR Futures finished the North American session today with a increase of 0.45 percent and closed the day around the 1.9713 price level, according to unofficial data at the New York close. The HO opened at 1.966 with the high of the day being 1.9894 and the low of the day at 1.943.

The Heating Oil RSI level is Bearish:

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 36.4 for a Bearish reading on the daily time-frame.

Heating Oil Trends:

The Heating Oil NY HARBOR Futures has fallen by -3.86 percent over the past 10 days while seeing a decrease by -4.64 over the past 30 days. The 90-day change is 5.29 while the 180-day return and the 365-day return are -10.76 and 1.06, respectively.

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