Energy Market Technical Analysis Update
QuoteReporter
Energy Update: Natural Gas Dips 0.70% – RSI at 61
Market Overview
Report Date: November 20, 2025
| Commodity | Price | Daily Change (%) | MA21 | MA50 | MA100 | MA200 | RSI | MACD |
|---|---|---|---|---|---|---|---|---|
| Crude Oil (WTI) | $59.66 | +0.37% | $60.26 | $60.69 | $61.95 | $62.37 | 47.98 | -0.18 |
| Natural Gas | $4.52 | -0.70% | $4.27 | $4.05 | $4.08 | $4.45 | 60.70 | 0.15 |
⚡ Crude Oil (WTI)
Technical Analysis
Crude Oil (WTI) is currently trading at $59.66, reflecting a daily change of 0.37%. Analyzing the moving averages, WTI is below the key moving averages: MA21 at $60.26, MA50 at $60.69, MA100 at $61.95, and MA200 at $62.37, indicating a bearish trend in the short to mid-term. The relative strength index (RSI) stands at 47.98, suggesting that the market is neutral but close to the oversold territory, hinting at potential upward momentum. Meanwhile, the MACD at -0.18 reinforces a bearish sentiment, further indicating that selling pressures might persist. Immediate support is likely at the $58 level, while resistance looms around the $60 mark. A break above $60 might signal a bullish reversal, but until then, the outlook appears cautious with a prevailing downward bias. Traders should watch for key price levels to navigate potential
⚡ Natural Gas
Technical Analysis
Natural gas is currently priced at $4.52, reflecting a daily decline of 0.70%. The price is above the short-term moving averages (MA21 at $4.27 and MA50 at $4.05), indicating a positive trend over the short term. However, it is slightly below the MA200 at $4.45, suggesting potential resistance in this region.
The RSI of 60.70 indicates that the market is approaching overbought territory, implying a potential for pullback or consolidation. The MACD at 0.15 is positive but shows a deceleration in bullish momentum, which may signal a weakening trend.
Support levels can be observed around $4.27 (MA21) and further at $4.05 (MA50). Resistance appears significant at $4.45 (MA200). In conclusion, while the outlook remains cautiously optimistic, investors should monitor for signs of momentum correction or resistance at higher levels.
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