HALLIBURTON CO (HAL) Stock Technical Analysis
NYSE:HAL - New York Stock Exchange, Inc. - US4062161017 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to HAL. HAL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, HAL is a bad performer in the overall market: 89% of all stocks are doing better.
HAL is part of the Energy Equipment & Services industry. There are 62 other stocks in this industry, of which 63% 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.
HAL has an average volume of 15107400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month HAL has a been trading in the 20.09 - 23.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HAL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 22.43. Right above this resistance zone may be a good entry point.
More info and screens
19.07
23.42
3 important support areas can be observed.
- A support zone ranging from 20.93 to 21.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @19.59 from a horizontal line in the weekly time frame.
- A support zone ranging from 19.26 to 19.26. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 22.43 to 22.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 23.19 to 23.19. 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 | DOWN | NEGATIVE | The long term trend for HAL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HAL is neutral. |
| ChartMill Relative Strength | 11.38 | NEGATIVE | HAL has a low relative strength, it was outperformed by 88.62% 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 | POSITIVE | The current price of HAL is above 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) | 47.69 | NEUTRAL | The RSI value for HAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests HAL has a negative trend. |
| Stochastics (14,3) | 40.91 | NEUTRAL | The Stochastics value for HAL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.82 | MEDIUM VOLATILITY | The ATR as a percentage value for HAL suggests some volalility. |
| Average Directional Index/ADX (14) | 11.23 | NEGATIVE | The low ADX value for HAL suggests a weak or negative 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)
21.18
-0.04 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.19%
1 Week-3.81%
2 Weeks1.39%
1 Month-4.94%
3 Month1.58%
6 Month-23.81%
12 Month-38.43%
2 Year-45.8%
3 Year-27.71%
5 Year47.8%
10 Year-49.32%
15 Year-29.12%
Volatility
ATR(14)0.83
ATR(20)%3.82%
ATR Inc-19.21%
Range Today0.45
ADR(20)0.8
ADR(20)%3.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.38
Mansfield-2.5
10 Day High23.08
10 Day Low20.95
20 Day High23.08
20 Day Low20.09
52 Week High34.97
52 Week Low18.72
CS1 End21.11
CR1 Start22.43
Volume & EV
DER(3)1.81%
DER(5)0.68%
Volume16.56M
Volume Incr-18.92%
Vol(5)13.46M
Vol(50)15.11M