Holly Energy Partners LP (HEP) Technical Analysis
NYSE:HEP • US4357631070
Current stock price
HEP Technical Rating and Analysis
Overall HEP gets a technical rating of 2 out of 10. In the last year, HEP was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- HEP is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 79% of 209 stocks in the same industry do better.
- In the last month HEP has a been trading in the 20.33 - 22.28 range, which is quite wide. It is currently trading near the lows of this range.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the performance of all stocks over the past year, HEP turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
- HEP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HEP is lagging the market.
- Volume is considerably higher in the last couple of days.
HEP Weekly and Daily overview Charts
HEP Setup Rating and Analysis
HEP has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 20.44, a Stop Loss order could be placed below this zone.
More info and screens
HEP Support and Resistance Analysis
16.25
When analyzing the support we can see 3 important areas.
- A support zone ranging from 20.35 to 20.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.74 from a trend line in the weekly time frame.
- Support @16.41 from a horizontal line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @20.49 from a horizontal line in the daily time frame.
- A resistance zone ranging from 20.88 to 21.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.09 from a horizontal line in the daily time frame.
- A resistance zone ranging from 23.21 to 23.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
HEP 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 HEP is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HEP is down. |
| ChartMill Relative Strength | 43.29 | NEUTRAL | HEP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HEP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HEP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HEP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.03 | NEUTRAL | The RSI value for HEP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HEP has a negative trend. |
| Stochastics (14,3) | 32.06 | NEUTRAL | The Stochastics value for HEP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for HEP suggests some volalility. |
| Average Directional Index/ADX (14) | 9.22 | NEGATIVE | The low ADX value for HEP suggests a weak or negative trend. |
HEP Chart- and CandleStick Pattern Analysis
HEP Technicals: Chart, Performance Metrics, Trend & Indicators
20.45
-0.16 (-0.78%)
Holly Energy Partners LP / HEP TA FAQ
What is the technical rating for HEP stock?
ChartMill assigns a technical rating of 2 / 10 to HEP.
What is the current trend direction of Holly Energy Partners LP (HEP) stock?
The current trend direction for Holly Energy Partners LP (HEP) is Bullish.
What is the RSI signal for HEP stock?
Holly Energy Partners LP (HEP) has an RSI value of 41.0299. This indicates that the stock is currently neutral.
What is the MACD signal for Holly Energy Partners LP (HEP) stock?
The MACD indicator for Holly Energy Partners LP (HEP) has a value of -0.0188782, indicating a bearish trend.
What is the buy/sell signal for Holly Energy Partners LP (HEP) stock?
The buy/sell signal for Holly Energy Partners LP (HEP) is hold as the short term and long term trends are mixed.