Crude Oil Commodity Forecast

Sell candidate since Jun 11, 2026 Loss -10.48%

The Crude Oil commodity price gained 0.93% on the last trading day (Sunday, 21st Jun 2026), rising from $76.54 to $77.25. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the commodity fluctuated 3.03% from a day low at $74.98 to a day high of $77.25. The price has been going up and down for this period, and there has been a -13.92% loss for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 14 thousand more shares were traded than the day before. In total, 100 thousand shares were bought and sold for approximately $7.76 million.

The commodity lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $71.70 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the commodity is expected to fall -13.30% during the next 3 months and, with a 90% probability hold a price between $62.16 and $87.33 at the end of this 3-month period.

CLUSD Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, June 17, 2026, and so far it has risen 2.86%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Crude Oil commodity holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the commodity. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $77.62 and $90.88. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Crude Oil commodity

Crude Oil finds support from accumulated volume at $76.54 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This commodity may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this commodity is considered to be "high risk". During the last day, the commodity moved $2.27 between high and low, or 3.03%. For the last week, the commodity has had daily average volatility of 1.54%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CLUSD) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect Crude Oil to open at $76.49, and during the day (based on 14 day Average True Range), to move between $75.81 and $78.69, which gives a possible trading interval of +/-$2.88 (+/-3.80%) up or down from last closing price. If Crude Oil takes out the full calculated possible swing range there will be an estimated 3.80% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $76.54 (0.92%) than the resistance at $82.59 (6.91%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Crude Oil commodity A Buy?

Crude Oil holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this commodity.

Current score: -3.284 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 22, 2026 - $76.49 ( 0.98%).

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