WT BRENT CRUDE OIL (BRNT.MI) Technical Analysis
BIT:BRNT • JE00B78CGV99
Current stock price
BRNT.MI Technical Rating and Analysis
Taking everything into account, BRNT scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, BRNT is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- BRNT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BRNT is lagging the market slightly.
- In the last month BRNT has a been trading in the 60.20 - 75.38 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the yearly performance of all stocks, we notice that BRNT is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
BRNT.MI Weekly and Daily overview Charts
BRNT.MI Setup Rating and Analysis
BRNT has an excellent technical rating, but the quality of the setup is only medium 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
BRNT.MI Support and Resistance Analysis
37.94
We found 4 important support areas.
- A support zone ranging from 61.59 to 62.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @50.61 from a trend line in the daily time frame.
- Support @42.86 from a horizontal line in the daily time frame.
- Support @38.32 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @74.64 from a horizontal line in the daily time frame.
BRNT.MI Technical Indicator Signal Analysis
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.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRNT.MI is up. |
| ChartMill Relative Strength | 95.3 | POSITIVE | BRNT.MI has a high relative strength, it outperformed 95.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BRNT.MI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BRNT.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BRNT.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.17 | NEUTRAL | The RSI value for BRNT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests BRNT.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.03 | NEUTRAL | The Stochastics value for BRNT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.64 | HIGH VOLATILITY | The high ATR as a percentage value for BRNT.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 22.04 | NEUTRAL | The ADX value for BRNT.MI suggests a possible start of a new trend. |
BRNT.MI Chart- and CandleStick Pattern Analysis
BRNT.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:BRNT (4/24/2026, 7:00:00 PM)
72.7
+1.45 (+2.04%)
WT BRENT CRUDE OIL / BRNT.MI TA FAQ
Can you provide the ChartMill technical rating for WT BRENT CRUDE OIL?
ChartMill assigns a technical rating of 9 / 10 to BRNT.MI.
Can you provide the trend direction for WT BRENT CRUDE OIL?
The current trend direction for WT BRENT CRUDE OIL (BRNT.MI) is Bullish.
What is the RSI signal for BRNT stock?
WT BRENT CRUDE OIL (BRNT.MI) has an RSI value of 58.1712. This indicates that the stock is currently neutral.
What is the buy/sell signal for WT BRENT CRUDE OIL (BRNT.MI) stock?
The buy/sell signal for WT BRENT CRUDE OIL (BRNT.MI) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for WT BRENT CRUDE OIL?
WT BRENT CRUDE OIL (BRNT.MI) has a support level at 62.08 and a resistance level at 74.64. Check the full technical report for our detailed analysis of BRNT.MI support and resistance levels.