WT BRENT CRUDE OIL (BRNT.MI) Stock Technical Analysis
BIT:BRNT - Euronext Milan - JE00B78CGV99 - ETF - Currency: EUR
Overall BRNT gets a technical rating of 2 out of 10. BRNT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
81% of all other stocks performed better in the past year than BRNT.
In the last month BRNT has a been trading in the 40.70 - 48.49 range, which is quite wide. It is currently trading near the lows of this range.
Warning: BRNT has an average volume of 17459 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 neutral. So this is not the most entertaining stock around.
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 a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. 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
37.05
53.68
We found 2 important support areas.
- A support zone ranging from 41.88 to 43.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 37.42 to 38.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- Resistance @45.95 from a trend line in the weekly time frame.
- A resistance zone ranging from 47.01 to 47.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 48.10 to 48.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @51.88 from a horizontal line in the weekly time frame.
- Resistance @53.15 from a horizontal line in the weekly time frame.
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.MI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BRNT.MI is neutral. |
| ChartMill Relative Strength | 19.36 | NEGATIVE | BRNT.MI has a low relative strength, it was outperformed by 80.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BRNT.MI is above a declining 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 | NEGATIVE | The current price of BRNT.MI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.92 | NEUTRAL | The RSI value for BRNT.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BRNT.MI has a negative trend. |
| Stochastics (14,3) | 62.05 | NEUTRAL | The Stochastics value for BRNT.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for BRNT.MI suggests some volalility. |
| Average Directional Index/ADX (14) | 12.74 | NEGATIVE | The low ADX value for BRNT.MI 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)
BIT:BRNT (7/17/2025, 7:00:00 PM)
43.27
+0.04 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.09%
1 Week-2.46%
2 Weeks2.05%
1 Month-8.24%
3 Month2%
6 Month-16.62%
12 Month-16.45%
2 Year-5.48%
3 Year-20.09%
5 Year170.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%2.8%
ATR Inc-40.13%
Range Today0.27
ADR(20)0.83
ADR(20)%1.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.36
Mansfield-1.44
10 Day High44.14
10 Day Low41.6
20 Day High48.49
20 Day Low40.71
52 Week High53.83
52 Week Low37.3
CS1 End42.22
CR1 Start42.47
Volume & EV
DER(3)0%
DER(5)0%
Volume15.75K
Volume Incr-9.85%
Vol(5)24.88K
Vol(50)17.46K