CL1! chart analysis today
CL1! is bouncing inside a bear flag with no clear trend under a weekly downtrend. The bounce is on thin volume. $92.14 ends the flag, $80.92 resumes the fall.
Crude Oil · daily · last close $90.19 · read computed from candles through 2026-09-02. No AI, no signal, no target.
The two prices that decide it
- Above
- $92.14 · the bear flag
- Below
- $80.92 · the bear flag
- Formation state
- Still forming.
- Trend
- lower highs and lower lows over the window, 4 steps across 77 bars — and that run is OVER: price closed above the last lower high 9 bars ago. Do not describe it as a trend that is still running.
- Agreement
- Structure 2 of 4 (mixed) · indicators 0 of 3 (low)
Levels and what happened there
- Resistance $106.25
- Resistance $110.20
- Support $76.93
- The last five times price reached $106.25 it held every time, bouncing 20% on average.
- The last two times price reached $110.20 it held once, bouncing 22%.
- The last five times price reached $76.93 it held 4 times, bouncing 15% on average, and broke through once.
- Bigger picture Weekly down, daily bouncing. weekly — downtrend intact, bear pennant at $82.47.
- 52 weeks 25% below its 52-week high of $119.48 and 64% above its 52-week low of $54.98.
Read your own CL1! chart, on any timeframe
This page is the daily read as of 2026-09-02, computed when the site was last built. On /analyze the same engine reads the live candles on five timeframes, or a screenshot from any charting app, and Coach Chad writes it up. 1 free read every 7 days, no account.
Analyze CL1! now →Every figure on this page was computed from real candle data through 2026-09-02 by the same deterministic engine that reads a chart on /analyze; no language model was involved. It describes what is on the chart. It is not advice, a signal, a forecast or a recommendation. Learn to read it yourself in the chart-reading series.