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 93% of all stocks.
- A new 52 week high is currently being made by HAL, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so HAL is leading the market.
- In the last month HAL has a been trading in the 33.48 - 40.43 range, which is quite wide. It is currently trading near the high of this range.
- HAL has an average volume of 15433800 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 60 stocks in the same industry.
- 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
Although HAL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
HAL Support and Resistance Analysis
24.97
When analyzing the support we can see 4 important areas.
- A support zone ranging from 34.87 to 34.95. This zone is formed by a combination of multiple trend lines and important moving averages 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 @25.22 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 | UP | POSITIVE | The short term trend for HAL is up. |
| ChartMill Relative Strength | 93.13 | POSITIVE | HAL has a high relative strength, it outperformed 93.13% 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) | 74.21 | OVERBOUGHT | The high RSI value suggests HAL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.43 | POSITIVE | The MACD value suggests HAL has a positive trend. |
| Stochastics (14,3) | 93.07 | OVERBOUGHT | The high Stochastics value suggests HAL may be overbought. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for HAL suggests some volalility. |
| Average Directional Index/ADX (14) | 27.68 | POSITIVE | The high ADX value value for HAL suggests a strong trend. |
HAL Chart- and CandleStick Pattern Analysis
HAL Technicals: Chart, Performance Metrics, Trend & Indicators
40.42
+1.63 (+4.2%)
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.
Can you provide the RSI signal for HALLIBURTON CO?
HALLIBURTON CO (HAL) has an RSI value of 74.2094. This indicates that the stock is currently overbought.
Can you provide the MACD signal for HALLIBURTON CO?
The MACD indicator for HALLIBURTON CO (HAL) has a value of 0.428926, indicating a bearish trend.
What is the buy/sell signal for HALLIBURTON CO (HAL) stock?
The buy/sell signal for HALLIBURTON CO (HAL) is buy as both the short term and long term trends are positive.