HALLIBURTON CO (HAL) Stock Technical Analysis
USA - NYSE:HAL - US4062161017 - Common Stock
22.27 USD
+0.45 (+2.06%)
22.34 USD
+0.07 (+0.31%)
We assign a technical rating of 2 out of 10 to HAL. HAL performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
78% of all other stocks performed better in the past year than HAL.
HAL is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry, of which 61% are performing better than HAL.
HAL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month HAL has a been trading in the 21.46 - 25.68 range, which is quite wide. It is currently trading near the lows of this range.
HAL has an average volume of 12221300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
The technical rating of HAL is bad and it also does not present a quality setup 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
19.39
25.96
We found 4 important support areas.
- Support @22.21 from a trend line in the weekly time frame.
- Support @21.20 from a trend line in the daily time frame.
- Support @20.26 from a horizontal line in the daily time frame.
- Support @19.59 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 22.58 to 22.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.48 to 24.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 25.11 to 25.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @25.70 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for HAL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HAL is down. |
| ChartMill Relative Strength | 22.76 | NEGATIVE | HAL has a low relative strength, it was outperformed by 77.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HAL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HAL is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HAL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.42 | NEUTRAL | The RSI value for HAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.31 | NEGATIVE | The MACD value suggests HAL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.68 | OVERSOLD | The low Stochastics value suggests HAL may be oversold. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for HAL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.85 | NEUTRAL | The ADX value for HAL suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
22.27
+0.45 (+2.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg2.06%
1 Week1.37%
2 Weeks-8.39%
1 Month-1.07%
3 Month4.95%
6 Month-1.15%
12 Month-21.39%
2 Year-43.39%
3 Year-38.85%
5 Year84.66%
10 Year-41.97%
15 Year-30.1%
Volatility
ATR(14)0.87
ATR(20)%4.11%
ATR Inc23.33%
Range Today0.94
ADR(20)0.87
ADR(20)%3.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.76
Mansfield-1.71
10 Day High24.64
10 Day Low21.46
20 Day High25.68
20 Day Low21.46
52 Week High32.57
52 Week Low18.72
CS1 End22.21
CR1 Start22.58
Volume & EV
DER(3)4.13%
DER(5)2.94%
Volume19.10M
Volume Incr16.44%
Vol(5)16.00M
Vol(50)12.22M