HALLIBURTON CO (HAL) Technical Analysis
NYSE:HAL • US4062161017
Current stock price
HAL Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to HAL. Both in the recent history as in the last year, HAL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, HAL did better than 90% of all other stocks. We also observe that the gains produced by HAL over the past year are nicely spread over this period.
- HAL is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month HAL has a been trading in the 35.51 - 41.18 range, which is quite wide. It is currently trading near the high of this range.
- HAL has an average volume of 15743600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- HAL is an average performer in the Energy Equipment & Services industry, it outperforms 50% of 62 stocks in the same industry.
HAL Weekly and Daily overview Charts
HAL Setup Rating and Analysis
HAL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 37.14, a Stop Loss order could be placed below this zone.
More info and screens
HAL Support and Resistance Analysis
25.49
5 important support areas can be observed.
- A support zone ranging from 36.08 to 37.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.55 from a trend line in the daily time frame.
- Support @33.71 from a horizontal line in the daily time frame.
- Support @32.83 from a horizontal line in the daily time frame.
- Support @25.75 from a trend line in the weekly time frame.
HAL Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for HAL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HAL is up. |
| ChartMill Relative Strength | 90.69 | POSITIVE | HAL has a high relative strength, it outperformed 90.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HAL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HAL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HAL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.18 | NEUTRAL | The RSI value for HAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests HAL has a positive trend. |
| Stochastics (14,3) | 81.49 | OVERBOUGHT | The high Stochastics value suggests HAL may be overbought. |
| Average True Range in percent/ATR (20) | 3.72 | MEDIUM VOLATILITY | The ATR as a percentage value for HAL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.35 | NEUTRAL | The ADX value for HAL suggests a possible start of a new trend. |
HAL Chart- and CandleStick Pattern Analysis
HAL Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 40.32 | 35.50 | 4.82 (11.95%) | 8.37% |
| An entry @40.32. This is a Buy Stop order right above the 10 day high. | An exit @35.50. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 4.82 points, which is 11.95%. | When investing 8.37% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HAL Technicals: Chart, Performance Metrics, Trend & Indicators
39.65
+0.54 (+1.38%)
HALLIBURTON CO / HAL TA FAQ
Can you provide the ChartMill technical rating for HALLIBURTON CO?
ChartMill assigns a technical rating of 10 / 10 to HAL.
What is the current trend direction of HALLIBURTON CO (HAL) stock?
The current trend direction for HALLIBURTON CO (HAL) is Bullish.
What is the RSI signal for HALLIBURTON CO (HAL) stock?
HALLIBURTON CO (HAL) has an RSI value of 61.1795. This indicates that the stock is currently neutral.
What is the MACD signal for HALLIBURTON CO (HAL) stock?
The MACD indicator for HALLIBURTON CO (HAL) has a value of 0.00192416, indicating a bearish trend.
Can you provide the support and resistance levels for HALLIBURTON CO?
HALLIBURTON CO (HAL) has a support level at 37.14. Check the full technical report for our detailed analysis of HAL support and resistance levels.