Heating Oil closed down by -7.98% to 2.01 on 23 January 2021 and +-3.97% on a weekly basis. Heating Oil momentum was last calculated at +100.0/100 indicating positive momentum. Heating Oil trend is +75.0/100 indicating a positive trend. Heating Oil momentum exhaustion is 1.21792 indicating Heating Oil is oversold.Heating Oil RSI is 71.2767 .
Heating Oil Chart
Heating Oil Statistics
MacroVar multi-factor statistical models monitor financial factors which are used to analyze and predict the Heating Oil. Click here to explore the financial factors monitored and their current signals.
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Heating Oil closed at 2.01 on 23 January 2021. Heating Oil trend was last calculated at +75.0/100 (range: -100 to +100) indicating a positive trend based on MacroVar models. Heating Oil momentum was last calculated at +100.0/100 (range: -100 to +100) indicating positive momentum. Heating Oil momentum exhaustion is 1.21792 (normal range: -2.5 to +2.5, overbought values: greater than 2.5, oversold values: less than 2.5) indicating Heating Oil is oversold and a possible reversal is imminent. Heating Oil RSI was last calculated at 71.2767. Heating Oil moving averages were last recorded as follows: 1-month moving average: 1.47437 in an uptrend , 1-quarter moving average: 1.31132 in an uptrend and 1-year moving average: 1.22715 in a downtrend. Heating Oil annual return was last recorded at None%, daily return was last recorded at -7.98%, and weekly return was last recorded at -3.97%. Heating Oil histrorical 20-day volatility was last recorded at 19.4174%, Heating Oil alpha None, Heating Oil beta None and Heating Oil maximum drawdown was recorded at None%. MacroVar models monitor Heating Oil statistics based on historical data since 1970.
Heating Oil Factors
|Factor||Symbol||Last Value||Predicted Value||R2||MacroVar Signal|