HALLIBURTON CO (HAL) Technical Analysis
NYSE:HAL • US4062161017
Current stock price
HAL Technical Rating and Analysis
Taking everything into account, HAL scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HAL is showing a nice and steady performance.
- 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 lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt 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 87% of all stocks. We also observe that the gains produced by HAL over the past year are nicely spread over this period.
- HAL is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HAL is lagging the market slightly.
- HAL has an average volume of 15350200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- HAL is part of the Energy Equipment & Services industry. There are 62 other stocks in this industry, HAL did better than 47% of them.
HAL Weekly and Daily overview Charts
HAL Setup Rating and Analysis
Besides having an excellent technical rating, HAL also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
HAL Support and Resistance Analysis
25.49
When analyzing the support we can see 4 important areas.
- A support zone ranging from 36.30 to 36.63. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 33.68 to 33.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @32.83 from a horizontal line in the daily time frame.
- Support @25.75 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @36.89 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 | NEUTRAL | NEUTRAL | The short term trend for HAL is neutral. |
| ChartMill Relative Strength | 87.62 | POSITIVE | HAL has a high relative strength, it outperformed 87.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HAL is below 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) | 46.42 | NEUTRAL | The RSI value for HAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests HAL has a negative trend. |
| Stochastics (14,3) | 31.22 | NEUTRAL | The Stochastics value for HAL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for HAL suggests some volalility. |
| Average Directional Index/ADX (14) | 23.25 | NEUTRAL | The ADX value for HAL suggests a possible start of a new trend. |
HAL Chart- and CandleStick Pattern Analysis
HAL Technicals: Chart, Performance Metrics, Trend & Indicators
36.68
-0.47 (-1.27%)
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 46.4154. 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 -0.28809, indicating a bearish trend.
Can you provide the support and resistance levels for HALLIBURTON CO?
HALLIBURTON CO (HAL) has a support level at 36.63 and a resistance level at 36.89. Check the full technical report for our detailed analysis of HAL support and resistance levels.