WT BRENT CRUDE OIL (BRNT.L) Stock Technical Analysis
LON:BRNT - London Exchange - JE00B78CGV99 - ETF - Currency: USD
Taking everything into account, BRNT scores 5 out of 10 in our technical rating. In the last year, BRNT was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, BRNT is a bad performer in the overall market: 72% of all stocks are doing better.
Warning: BRNT has an average volume of 9911 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month BRNT has a been trading in the 47.80 - 55.28 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BRNT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BRNT is lagging the market.
Volume is considerably higher in the last couple of days.
BRNT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 50.23, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
42.17
57.58
4 important support areas can be observed.
- A support zone ranging from 49.95 to 50.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 47.92 to 48.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 43.54 to 43.85. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @42.60 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 53.87 to 54.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 56.27 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 | UP | POSITIVE | The long term trend for BRNT.L is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRNT.L is up. |
| ChartMill Relative Strength | 28.41 | NEGATIVE | BRNT.L has a low relative strength, it was outperformed by 71.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BRNT.L is above a declining 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) | DOWN | MIXED | The current price of BRNT.L is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.85 | NEUTRAL | The RSI value for BRNT.L is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests BRNT.L has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 65.57 | NEUTRAL | The Stochastics value for BRNT.L is a neutral value. |
| Average True Range in percent/ATR (20) | 2.5 | MEDIUM VOLATILITY | The ATR as a percentage value for BRNT.L suggests some volalility. |
| Average Directional Index/ADX (14) | 11.23 | NEGATIVE | The low ADX value for BRNT.L suggests a weak or negative 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 (7/18/2025, 5:23:41 PM)
50.48
+0.37 (+0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.74%
1 Week1.22%
2 Weeks2.21%
1 Month-9.19%
3 Month8.12%
6 Month-5.52%
12 Month-4.45%
2 Year2.12%
3 Year-7.03%
5 Year173.31%
10 Year67.62%
15 YearN/A
Volatility
ATR(14)1.04
ATR(20)%2.5%
ATR Inc-8.88%
Range Today0.75
ADR(20)0.81
ADR(20)%1.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.41
Mansfield-0.69
10 Day High51.23
10 Day Low48.25
20 Day High55.28
20 Day Low47.8
52 Week High56.27
52 Week Low41.34
CS1 End50.23
CR1 Start53.87
Volume & EV
DER(3)-4.93%
DER(5)1.43%
Volume9.98K
Volume Incr4.75%
Vol(5)15.80K
Vol(50)9.91K