Hess Corporation (HES) Stock Technical Analysis
NYSE:HES - New York Stock Exchange, Inc. - US42809H1077 - Common Stock - Currency: USD
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.
Both the short term and long term trends are positive. This is a very positive sign.
HES has an average volume of 2129220 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, HES outperforms 51% of them, which is more or less in line with the market.
HES is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, HES did better than 56% of them.
HES 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 HES is lagging the market slightly.
In the last month HES has a been trading in the 137.42 - 153.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
164.65
When analyzing the support we can see 3 important areas.
- 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.
We can see 3 important resistance areas.
- 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. |
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)
148.97
+1.42 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.96%
1 Week-2.02%
2 Weeks3.8%
1 Month3.23%
3 Month14.03%
6 Month-1.57%
12 Month-2.39%
2 Year-1.82%
3 Year32.45%
5 Year202.72%
10 Year152.45%
15 Year177.98%
Volatility
ATR(14)3.03
ATR(20)%2.04%
ATR Inc3.81%
Range Today3.62
ADR(20)2.99
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.14
Mansfield-0.15
10 Day High153.69
10 Day Low141.25
20 Day High153.69
20 Day Low137.42
52 Week High161.69
52 Week Low123.79
CS1 End144.85
CR1 Start152.75
Volume & EV
DER(3)-0.9%
DER(5)0.27%
Volume3.17M
Volume Incr12.02%
Vol(5)2.74M
Vol(50)2.13M