How Far Is CL (Crude Oil Futures) From Its 50 EMA on the 5 Minute Chart? Prediction vs Actual, October 16, 2026
On Friday, October 16, 2026, WTI crude oil futures (CL) was at least 1 ATR away from its 50 period EMA on the 5 minute chart at 5 of 9 checks. At 4 of those 5, the LiveCharts.AI prediction had the direction of the next hour right.
“How far is CL from the 50 EMA?” The distance is just a number: the 5 minute close minus the 50 period exponential moving average of the 5 minute closes, in dollars and in multiples of the 14 period ATR (Wilder) of the same bars. The page does not say what a distance means. It sets each recorded next hour prediction beside what CL then did, at the checks where the close was at least 1 ATR away.
Every check on October 16, 2026 (5 minute chart)
| Time (ET) | CL | 50 EMA | Distance (dollars) | Distance (ATRs) | Next hour, pred / actual | Same |
|---|---|---|---|---|---|---|
| 9:30 AM | 97.80 | 97.67 | +0.13 | +0.6 | — | — |
| 10:00 AM | 97.63 | 97.74 | -0.11 | -0.5 | — | — |
| 10:30 AM | 97.37 | 97.70 | -0.33 | -1.3 | down / up | no |
| 11:00 AM | 97.65 | 97.67 | -0.02 | -0.1 | — | — |
| 11:30 AM | 97.90 | 97.69 | +0.21 | +0.9 | — | — |
| 12:00 PM | 99.01 | 97.84 | +1.17 | +4.0 | up / up | yes |
| 12:30 PM | 99.93 | 98.21 | +1.72 | +5.3 | up / up | yes |
| 1:00 PM | 100.75 | 98.72 | +2.03 | +5.6 | up / up | yes |
| 1:30 PM | 100.94 | 99.15 | +1.79 | +5.4 | up / up | yes |
Every CL session since October 6 (5 minute chart)
Across 9 sessions since the current prediction model began on October 6, CL was at least 1 ATR from its 50 EMA at 58 of 81 checks. At those 58, the predicted next hour direction matched at 31 of 58. Simply assuming CL moves back toward the 50 EMA matched at 25 of 58. At all 81 checks, whatever the distance, the predicted direction matched at 39.
On MCL, the Micro Crude Oil futures contract, at checks at least 1 ATR from its own 50 EMA the predicted next hour direction matched on 30 of 57.
| Session | Checks | At least 1 ATR away | Prediction right | Back toward the EMA |
|---|---|---|---|---|
| Fri Oct 16 | 9 | 5 | 4 | 1 |
| Thu Oct 15 | 9 | 9 | 6 | 3 |
| Wed Oct 14 | 9 | 2 | 0 | 2 |
| Tue Oct 13 | 9 | 9 | 5 | 3 |
| Mon Oct 12 | 9 | 6 | 1 | 3 |
| Fri Oct 9 | 9 | 7 | 4 | 3 |
| Thu Oct 8 | 9 | 7 | 1 | 7 |
| Wed Oct 7 | 9 | 7 | 6 | 1 |
| Tue Oct 6 | 9 | 6 | 4 | 2 |
Based on LiveCharts.AI's recorded predictions compared with what the market actually did.
What it does and does not say
This page records the distance of CL from its 50 EMA and the predictions made at those moments. It does not describe any distance as too far or as a reason to act, and the sessions shown are too few to describe the predictions in general.