HOLLY ENERGY PARTNERS LP (HEP)

US4357631070

22.23  -0.48 (-2.11%)

After market: 22.23 0 (0%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to HEP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HEP is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, HEP did better than 92% of all other stocks.
HEP is part of the Oil, Gas & Consumable Fuels industry. There are 217 other stocks in this industry. HEP outperforms 81% of them.
HEP is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so HEP is performing more or less in line with the market.
In the last month HEP has a been trading in the 21.25 - 23.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Statistics
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.78
Mansfield1.35
10 Day High23.62
10 Day Low22.11
20 Day High23.62
20 Day Low21.25
52 Week High23.62
52 Week Low15.51
Performance
1 Week-1.59%
2 Weeks-4.22%
1 Month3.25%
3 Month28.13%
6 Month29.77%
12 Month33.19%
Weekly and Daily overview Charts
HEP Weekly chart
HEP Daily chart
Setup Rating and Analysis

4

HEP has an excellent technical rating, but the quality of the setup is 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.

Support and Resistance Analysis

15.99

23.58

3 important support areas can be observed.

  • A support zone ranging from 21.00 to 21.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @19.92 from a trend line in the daily time frame.
  • Support @16.15 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 22.86 to 23.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
HEP Daily chart

HOLLY ENERGY PARTNERS LP

NYSE:HEP (9/22/2023, 7:04:00 PM)

After market: 22.23 0 (0%)

22.23

-0.48 (-2.11%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.11%
1 Week-1.59%
2 Weeks-4.22%
1 Month3.25%
3 Month28.13%
6 Month29.77%
12 Month33.19%
Volatility
ATR(14)0.55
ATR(20)%2.32%
ATR Inc79.93%
Range Today0.82
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.78
Mansfield1.35
10 Day High23.62
10 Day Low22.11
20 Day High23.62
20 Day Low21.25
52 Week High23.62
52 Week Low15.51
CS1 End21.3
CR1 Start22.86
Volume & EV
DER(3)-2.91%
DER(5)-2.06%
Volume2.44M
Volume Incr133.95%
Vol(5)958.62K
Vol(50)557.93K