HALLIBURTON CO (HAL) Technical Analysis
NYSE:HAL • US4062161017
Current stock price
HAL Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to HAL. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that HAL is one of the better performing stocks in the market, outperforming 91% 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 near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- 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 high of this range.
- HAL has an average volume of 15755600 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
HAL Weekly and Daily overview Charts
HAL Setup Rating and Analysis
HAL has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
HAL Support and Resistance Analysis
25.49
When analyzing the support we can see 5 important areas.
- A support zone ranging from 36.18 to 37.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @34.58 from a trend line in the daily time frame.
- Support @33.71 from a horizontal line in the daily time frame.
- Support @32.83 from a horizontal line in the daily time frame.
- Support @25.75 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 40.43 to 40.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for HAL is up. |
| ChartMill Relative Strength | 91.08 | POSITIVE | HAL has a high relative strength, it outperformed 91.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HAL is above 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) | 63.99 | NEUTRAL | The RSI value for HAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests HAL has a positive trend. |
| Stochastics (14,3) | 91.9 | OVERBOUGHT | The high Stochastics value suggests HAL may be overbought. |
| Average True Range in percent/ATR (20) | 3.65 | MEDIUM VOLATILITY | The ATR as a percentage value for HAL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.4 | 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
40.36
+0.71 (+1.79%)
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 63.9904. 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 0.108526, indicating a bearish trend.
Can you provide the support and resistance levels for HALLIBURTON CO?
HALLIBURTON CO (HAL) has a support level at 37.14 and a resistance level at 40.43. Check the full technical report for our detailed analysis of HAL support and resistance levels.