HALLIBURTON CO (HAL) Stock Technical Analysis
NYSE:HAL - New York Stock Exchange, Inc. - US4062161017 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to HAL. HAL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
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 63 other stocks in this industry, of which 72% are performing better than HAL.
HAL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month HAL has a been trading in the 19.52 - 23.50 range, which is quite wide. It is currently trading near the lows of this range.
HAL has an average volume of 15649100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HAL has a poor technical rating and the quality of the setup is also only medium 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
19.07
23.42
2 important support areas can be observed.
- 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 3 important resistance areas.
- A resistance zone ranging from 21.25 to 21.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 22.23 to 22.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 22.92 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 | DOWN | NEGATIVE | The short term trend for HAL is down. |
| ChartMill Relative Strength | 11.31 | NEGATIVE | HAL has a low relative strength, it was outperformed by 88.69% 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) | DOWN | NEGATIVE | The current price of HAL is below a declining 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) | 43.2 | NEUTRAL | The RSI value for HAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests HAL has a negative trend. |
| Stochastics (14,3) | 11.08 | OVERSOLD | The low Stochastics value suggests HAL may be oversold. |
| Average True Range in percent/ATR (20) | 3.75 | MEDIUM VOLATILITY | The ATR as a percentage value for HAL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.95 | 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)
20.38
-0.19 (-0.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.92%
1 Week-1.88%
2 Weeks-12.12%
1 Month4.03%
3 Month2%
6 Month-26.37%
12 Month-38.43%
2 Year-38.22%
3 Year-35.01%
5 Year57.01%
10 Year-52.68%
15 Year-16.99%
Volatility
ATR(14)0.8
ATR(20)%3.75%
ATR Inc-48.74%
Range Today0.41
ADR(20)0.71
ADR(20)%3.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.31
Mansfield-2.9
10 Day High23.5
10 Day Low20.16
20 Day High23.5
20 Day Low19.52
52 Week High37.08
52 Week Low18.72
CS1 End19.59
CR1 Start22.61
Volume & EV
DER(3)-0.08%
DER(5)-0.45%
Volume13.52M
Volume Incr-18.94%
Vol(5)13.94M
Vol(50)15.65M