WT BRENT CRUDE OIL (BRNT.L) Stock Technical Analysis
LON:BRNT - London Exchange - JE00B78CGV99 - ETF - Currency: USD
We assign a technical rating of 7 out of 10 to BRNT. BRNT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: BRNT has an average volume of 8263 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
BRNT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BRNT is performing more or less in line with the market.
In the last month BRNT has a been trading in the 44.47 - 55.59 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, BRNT outperforms 51% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Although BRNT has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
42.17
57.58
We found 3 important support areas.
- Support @46.01 from a trend line in the daily time frame.
- Support @43.74 from a trend line in the weekly time frame.
- Support @42.60 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 57.01 to 57.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 BRNT.L is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRNT.L is up. |
| ChartMill Relative Strength | 51.15 | NEUTRAL | BRNT.L is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRNT.L is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRNT.L is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRNT.L is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.58 | NEUTRAL | The RSI value for BRNT.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.81 | POSITIVE | The MACD value suggests BRNT.L has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.57 | OVERBOUGHT | The high Stochastics value suggests BRNT.L may be overbought. |
| Average True Range in percent/ATR (20) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for BRNT.L suggests some volalility. |
| Average Directional Index/ADX (14) | 23.19 | NEUTRAL | The ADX value for BRNT.L suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
LON:BRNT (6/20/2025, 5:26:39 PM)
54.09
-1.5 (-2.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-2.7%
1 Week3.15%
2 Weeks14.28%
1 Month17.15%
3 Month7.79%
6 Month10.16%
12 Month3.19%
2 Year26%
3 Year-0.18%
5 Year206.37%
10 Year50.67%
15 YearN/A
Volatility
ATR(14)1.54
ATR(20)%2.32%
ATR Inc70.63%
Range Today1.09
ADR(20)0.75
ADR(20)%1.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.15
Mansfield0.37
10 Day High55.59
10 Day Low47.52
20 Day High55.59
20 Day Low44.47
52 Week High56.27
52 Week Low41.34
CS1 End46.01
CR1 Start57.01
Volume & EV
DER(3)13.81%
DER(5)6.51%
Volume43.01K
Volume Incr321.76%
Vol(5)18.89K
Vol(50)8.26K