Holly Energy Partners LP (HEP)

US4357631070

20.45  -0.16 (-0.78%)

After market: 20.55 +0.1 (+0.49%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to HEP. HEP has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

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 an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 56% of 210 stocks in the same industry.
HEP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HEP is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
HEP Weekly chart
HEP Daily chart
Setup Rating and Analysis

5

Although the technical rating is bad, HEP does present a nice setup opportunity. 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.

Support and Resistance Analysis

16.25

23.58

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.

4 important resistance areas can be observed.

  • 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.29
Mansfield-0.16
10 Day High21.4
10 Day Low20.33
20 Day High22.28
20 Day Low20.33
52 Week High23.62
52 Week Low15.51
Performance
1 Week-3.31%
2 Weeks-3.26%
1 Month-4.31%
3 Month-6.58%
6 Month16.13%
12 Month5.14%
2 Year22.02%
3 Year51.03%
5 Year-27.3%
10 Year-34.98%
15 Year104.4%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)41.03
LBB20.47
UBB21.34
HEP Daily chart

Holly Energy Partners LP

NYSE:HEP (11/30/2023, 7:04:00 PM)

After market: 20.55 +0.1 (+0.49%)

20.45

-0.16 (-0.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.78%
1 Week-3.31%
2 Weeks-3.26%
1 Month-4.31%
3 Month-6.58%
6 Month16.13%
12 Month5.14%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.48
ATR(20)%2.52%
ATR Inc
Range Today0.52
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High21.4
10 Day Low20.33
20 Day High22.28
20 Day Low20.33
52 Week High23.62
52 Week Low15.51
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume17.22M
Volume Incr1003.24%
Vol(5)4.36M
Vol(50)873.98K