WT BRENT CRUDE OIL (BRNT.MI) Stock Technical Analysis
BIT:BRNT • JE00B78CGV99
Overall BRNT gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, BRNT is only an average performer.
- Warning: BRNT has an average volume of 21961 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- 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 42.00 - 46.64 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, BRNT turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
- Considerably lower volume is observed in the last couple of days.
Although BRNT has an excellent technical rating, it does not present a decent entry opportunity 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
37.05
We found 6 important support areas.
- Support @46.22 from a horizontal line in the daily time frame.
- A support zone ranging from 43.96 to 44.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 42.86 to 43.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 41.52 to 42.11. 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 38.32 to 38.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.42 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @51.88 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 53.36 to 53.54. 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.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BRNT.MI is up. |
| ChartMill Relative Strength | 42.86 | NEUTRAL | BRNT.MI is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of BRNT.MI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.94 | NEUTRAL | The RSI value for BRNT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests BRNT.MI has a positive trend. |
| Stochastics (14,3) | 74.83 | NEUTRAL | The Stochastics value for BRNT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for BRNT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 33.19 | POSITIVE | The high ADX value value for BRNT.MI suggests a strong trend. |
BIT:BRNT (2/20/2026, 9:29:57 AM)
47.395
+0.76 (+1.62%)
WT BRENT CRUDE OIL / BRNT.MI FAQ
Can you provide the ChartMill technical rating for WT BRENT CRUDE OIL?
ChartMill assigns a technical rating of 8 / 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.
Can you provide the RSI signal for WT BRENT CRUDE OIL?
WT BRENT CRUDE OIL (BRNT.MI) has an RSI value of 64.9447. This indicates that the stock is currently neutral.
Can you provide the MACD signal for WT BRENT CRUDE OIL?
The MACD indicator for WT BRENT CRUDE OIL (BRNT.MI) has a value of 0.05314, indicating a bearish trend.
What are the support and resistance levels for WT BRENT CRUDE OIL (BRNT.MI) stock?
WT BRENT CRUDE OIL (BRNT.MI) has a support level at 46.22 and a resistance level at 51.88. Check the full technical report for our detailed analysis of BRNT.MI support and resistance levels.