HALLIBURTON CO (HAL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HAL - US4062161017 - Common Stock
Taking everything into account, HAL scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HAL is only an average performer.
Although HAL has an excellent technical rating, it does not offer a high quality setup 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
21.37
When analyzing the support we can see 4 important areas.
- A support zone ranging from 25.62 to 25.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.26 from a trend line in the weekly time frame.
- Support @22.83 from a trend line in the daily time frame.
- A support zone ranging from 21.59 to 21.71. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 28.45 to 28.45. 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 | 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 | 77.71 | POSITIVE | HAL has a high relative strength, it outperformed 77.71% 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) | 63.97 | NEUTRAL | The RSI value for HAL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests HAL has a positive trend. |
| Stochastics (14,3) | 91.75 | OVERBOUGHT | The high Stochastics value suggests HAL may be overbought. |
| Average True Range in percent/ATR (20) | 3.14 | MEDIUM VOLATILITY | The ATR as a percentage value for HAL suggests some volalility. |
| Average Directional Index/ADX (14) | 20.72 | NEUTRAL | The ADX value for HAL suggests a possible start of a new trend. |
28.08
-0.37 (-1.3%)
HALLIBURTON CO / HAL FAQ
Can you provide the ChartMill technical rating for HALLIBURTON CO?
ChartMill assigns a technical rating of 8 / 10 to HAL.
What is the trend direction for HAL stock?
The current trend direction for HALLIBURTON CO (HAL) is Bullish.
What is the RSI signal for HAL stock?
HALLIBURTON CO (HAL) has an RSI value of 63.9734. This indicates that the stock is currently neutral.
What is the MACD signal for HAL stock?
The MACD indicator for HALLIBURTON CO (HAL) has a value of 0.138312, indicating a bearish trend.
What is the short term momentum for HAL stock?
The short term momentum for HALLIBURTON CO (HAL) is positive.