Hess Corporation (HES) Stock Technical Analysis
USA - NYSE:HES - US42809H1077 - Common Stock
Taking everything into account, HES scores 8 out of 10 in our technical rating. Although HES is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although HES has an excellent technical rating, the quality of the presented setup is not ideal 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
125.04
3 important support areas can be observed.
- A support zone ranging from 142.21 to 144.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 135.97 to 138.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 126.30 to 128.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @152.75 from a trend line in the daily time frame.
- Resistance @158.46 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 161.30 to 163.02. 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 HES is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HES is up. |
| ChartMill Relative Strength | 51.14 | NEUTRAL | HES is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HES is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HES is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HES is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.88 | NEUTRAL | The RSI value for HES is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests HES has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.97 | NEUTRAL | The Stochastics value for HES is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for HES suggests some volalility. |
| Average Directional Index/ADX (14) | 29.43 | POSITIVE | The high ADX value value for HES suggests a strong trend. |
148.97
+1.42 (+0.96%)
Hess Corporation / HES FAQ
Can you provide the ChartMill technical rating for Hess Corporation?
ChartMill assigns a technical rating of 8 / 10 to HES.
What is the trend direction for HES stock?
The current trend direction for Hess Corporation (HES) is Bullish.
Can you provide the RSI signal for Hess Corporation?
Hess Corporation (HES) has an RSI value of 60.8849. This indicates that the stock is currently neutral.
What is the MACD signal for HES stock?
The MACD indicator for Hess Corporation (HES) has a value of 0.144079, indicating a bearish trend.
Can you provide the short term momentum for Hess Corporation?
The short term momentum for Hess Corporation (HES) is positive.