HALLIBURTON CO (HAL)

US4062161017 - Common Stock

39.05  +0.4 (+1.03%)

Technical Rating and Analysis

9

Taking everything into account, HAL scores 9 out of 10 in our technical rating. 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.

In the last month HAL has a been trading in the 37.87 - 41.56 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that HAL is one of the better performing stocks in the market, outperforming 80% of all stocks.
HAL has an average volume of 6426920 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 57% of 65 stocks in the same industry.
HAL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HAL is lagging the market slightly.
Weekly and Daily overview Charts
HAL Weekly chart
HAL Daily chart
Setup Rating and Analysis

6

HAL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

Support and Resistance Analysis

32.90

42.86

4 important support areas can be observed.

  • Support @35.91 from a trend line in the weekly time frame.
  • Support @34.59 from a trend line in the weekly time frame.
  • Support @33.96 from a horizontal line in the weekly time frame.
  • Support @33.23 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • Resistance @41.08 from a trend line in the daily time frame.
  • A resistance zone ranging from 41.95 to 42.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.57
Mansfield-0.37
10 Day High41.56
10 Day Low37.87
20 Day High41.56
20 Day Low37.87
52 Week High43.85
52 Week Low27.84
Performance
1 Week-5.59%
2 Weeks-4.92%
1 Month1.13%
3 Month13.78%
6 Month-8.22%
12 Month15.72%
2 Year8.51%
3 Year97.6%
5 Year36.43%
10 Year-38.72%
15 Year91.15%
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)
Technical Indicators
MACD(12,26,9)-0.4
RSI(14)47.97
LBB37.92
UBB42.15
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.

ENTRYEXITDISTANCECAPITAL
39.9237.862.07 (5.18%)19.31%
An entry @39.92. This is a Buy Stop order right above the 10 day moving average.An exit @37.86. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 2.07 points, which is 5.18%.For a 1.00% total portfolio risk, you can invest 19.31% of your capital in this trade.

  • 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 Daily chart

HALLIBURTON CO

NYSE:HAL (4/19/2024, 2:14:09 PM)

39.05

+0.4 (+1.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg1.03%
1 Week-5.59%
2 Weeks-4.92%
1 Month1.13%
3 Month13.78%
6 Month-8.22%
12 Month15.72%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.99
ATR(20)%2.36%
ATR Inc
Range Today1.18
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High41.56
10 Day Low37.87
20 Day High41.56
20 Day Low37.87
52 Week High43.85
52 Week Low27.84
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.27M
Volume Incr4.99%
Vol(5)6.22M
Vol(50)6.43M