Heating Oil Commodity Forecast

Buy or Hold candidate since Jul 10, 2026 Gain 7.61%

The Heating Oil commodity price gained 4.87% on the last trading day (Monday, 13th Jul 2026), rising from $3.65 to $3.82. During the last trading day the commodity fluctuated 5.64% from a day low at $3.62 to a day high of $3.82. The price has risen in 6 of the last 10 days and is up by 19.06% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 38 thousand more shares were traded than the day before. In total, 39 thousand shares were bought and sold for approximately $150.34 thousand.

The commodityhas broken the wide and falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $3.55, a level that may pose a second chance to hit a runner. According to fan-theory $4.14 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

HOUSD Signals & Forecast

Mostly positive signals in the chart today. The Heating Oil commodity holds buy signals from both short and long-term Moving Averages giving a positive forecast for the commodity. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $3.55 and $3.36. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, June 24, 2026, and so far it has risen 23.25%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Heating Oil has increased volume and follows the last lift in the price. This is considered to be a technical positive sign as volume should follow the price-formation. Higher liquidity also reduces the general risk.

Support, Risk & Stop-loss for Heating Oil commodity

Heating Oil finds support from accumulated volume at $3.66 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This commodity has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the commodity moved $0.204 between high and low, or 5.64%. For the last week, the commodity has had daily average volatility of 3.79%.

Our recommended stop-loss: $3.69 (-3.58%) (This commodity has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 16 days ago.)

Trading Expectations (HOUSD) For The Upcoming Trading Day Of Tuesday 14th

For the upcoming trading day on Tuesday, 14th we expect Heating Oil to open at $3.76, and during the day (based on 14 day Average True Range), to move between $3.77 and $3.88, which gives a possible trading interval of +/-$0.107 (+/-2.84%) up or down from last closing price. If Heating Oil takes out the full calculated possible swing range there will be an estimated 2.84% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $3.85 (0.71%) than the support at $3.66 (4.34%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Heating Oil commodity A Buy?

Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period. We have upgraded our analysis conclusion for this commodity since the last evaluation from a Hold to a Buy candidate.

Current score: 4.361 Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on July 14, 2026 - $3.76 ( 1.78%).

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