Crude oil futures settles at $39.93

Technical Analysis

Author: Greg Michalowski | crude-oil

Up $0.13, up 0.32%

The price of crude oil futures for November delivery closed at $39.93. That is up $0.13 or 0.32%.

The high price for the day reached $40.75. The low price extended to $39.26.

Technically, the price continue to stay above its 100 day moving average at $39.17. It also stay below the 50 day moving average above at $41.51. The last 6 trading days has seen the price trade between those 2 extremes.

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