HALLIBURTON CO (HAL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HAL - US4062161017 - Common Stock
Overall HAL gets a technical rating of 10 out of 10. 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 87% of all other stocks.
- HAL is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry. HAL outperforms 73% of them.
- 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 27.80 - 35.55 range, which is quite wide. It is currently trading near the high of this range.
- HAL has an average volume of 12364500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
Although HAL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
23.94
4 important support areas can be observed.
- A support zone ranging from 32.05 to 33.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.51 from a trend line in the daily time frame.
- A support zone ranging from 29.59 to 29.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.18 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.17 to 34.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 87.4 | POSITIVE | HAL has a high relative strength, it outperformed 87.4% 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) | 70.62 | OVERBOUGHT | The high RSI value suggests HAL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests HAL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.31 | OVERBOUGHT | The high Stochastics value suggests HAL may be overbought. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for HAL suggests some volalility. |
| Average Directional Index/ADX (14) | 35.47 | POSITIVE | The high ADX value value for HAL suggests a strong trend. |
34.16
+0.21 (+0.62%)
HALLIBURTON CO / HAL 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.
Can you provide the RSI signal for HALLIBURTON CO?
HALLIBURTON CO (HAL) has an RSI value of 70.6184. This indicates that the stock is currently overbought.
Can you provide the MACD signal for HALLIBURTON CO?
The MACD indicator for HALLIBURTON CO (HAL) has a value of 0.13551, indicating a bearish trend.
What is the buy/sell signal for HALLIBURTON CO (HAL) stock?
The buy/sell signal for HALLIBURTON CO (HAL) is buy as both the short term and long term trends are positive.