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WT BRENT CRUDE OIL (OOEA.DE) Stock Technical Analysis

FRA:OOEA - Deutsche Boerse Ag - JE00B78CGV99 - ETF - Currency: EUR

41.194  +0.97 (+2.42%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to OOEA. OOEA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
85% of all other stocks performed better in the past year than OOEA.
OOEA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so OOEA is lagging the market.
Warning: OOEA has an average volume of 5198 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month OOEA has a been trading in the 38.42 - 42.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
WT BRENT CRUDE OIL / OOEA Weekly stock chart
WT BRENT CRUDE OIL / OOEA Daily stock chart
Setup Rating and Analysis

5

OOEA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 41.39. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

37.11

53.62

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 38.29 to 38.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @37.48 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 41.39 to 42.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @43.74 from a trend line in the daily time frame.
  • Resistance @51.85 from a horizontal line in the weekly time frame.
  • Resistance @53.09 from a horizontal line in the weekly time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for OOEA.DE is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for OOEA.DE is neutral.
ChartMill Relative Strength15.03NEGATIVEOOEA.DE has a low relative strength, it was outperformed by 84.97% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of OOEA.DE is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of OOEA.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of OOEA.DE is below a declining SMA(200).
Relative Strength Index/RSI (14)52.88NEUTRALThe RSI value for OOEA.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.11POSITIVEThe MACD value suggests OOEA.DE has a positive trend.
Stochastics (14,3)41.77NEUTRALThe Stochastics value for OOEA.DE is a neutral value.
Average True Range in percent/ATR (20)2.39MEDIUM VOLATILITYThe ATR as a percentage value for OOEA.DE suggests some volalility.
Average Directional Index/ADX (14)14.89NEGATIVEThe low ADX value for OOEA.DE suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
WT BRENT CRUDE OIL / OOEA Daily stock chart

WT BRENT CRUDE OIL

FRA:OOEA (6/3/2025, 7:00:00 PM)

41.194

+0.97 (+2.42%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.42%
1 Week3.59%
2 Weeks0.79%
1 Month5.21%
3 Month-9.27%
6 Month-9.03%
12 Month-12.1%
2 Year3.23%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%2.39%
ATR Inc59.98%
Range Today0.86
ADR(20)0.75
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.03
Mansfield-1.46
10 Day High41.45
10 Day Low39.16
20 Day High42.33
20 Day Low38.42
52 Week High53.77
52 Week Low37.3
CS1 End38.35
CR1 Start41.39
Volume & EV
DER(3)0%
DER(5)0%
Volume3.20K
Volume Incr-24.49%
Vol(5)4.74K
Vol(50)5.20K