SG ETC BRENT OIL FUTURE (BRE1L.MI) Stock Technical Analysis
BIT:BRE1L - XS2425316127 - ETF
Taking everything into account, BRE1L scores 2 out of 10 in our technical rating. BRE1L 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 technical rating of BRE1L is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
33.80
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BRE1L.MI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRE1L.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | BRE1L.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 45.83 | NEUTRAL | The RSI value for BRE1L.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.64 | POSITIVE | The MACD value suggests BRE1L.MI has a positive trend, although the MACD value is declining. |
| Average Directional Index/ADX (14) | 9.87 | NEGATIVE | The low ADX value for BRE1L.MI suggests a weak or negative trend. |
BIT:BRE1L (9/5/2025, 7:00:00 PM)
34.14
-4.83 (-12.39%)