Hess Corporation (HES) Technical Analysis
NYSE:HES • US42809H1077
Current stock price
HES Technical Rating and Analysis
Taking everything into account, HES scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HES is only an average performer.
- HES is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 80% of 209 stocks in the same industry do better.
- 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 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.
HES Weekly and Daily overview Charts
HES Setup Rating and Analysis
HES 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.
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HES Support and Resistance Analysis
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.
When analyzing the resistance we notice 3 important 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.
HES 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 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. |
HES Chart- and CandleStick Pattern Analysis
HES Technicals: Chart, Performance Metrics, Trend & Indicators
148.97
+1.42 (+0.96%)
Hess Corporation / HES TA FAQ
Can you provide the ChartMill technical rating for Hess Corporation?
ChartMill assigns a technical rating of 8 / 10 to HES.
What is the current trend direction of Hess Corporation (HES) stock?
The current trend direction for Hess Corporation (HES) is Bullish.
What is the RSI signal for HES stock?
Hess Corporation (HES) has an RSI value of 60.8849. This indicates that the stock is currently neutral.
What is the MACD signal for Hess Corporation (HES) stock?
The MACD indicator for Hess Corporation (HES) has a value of 0.144079, indicating a bearish trend.
What are the support and resistance levels for Hess Corporation (HES) stock?
Hess Corporation (HES) has a support level at 144.85 and a resistance level at 152.75. Check the full technical report for our detailed analysis of HES support and resistance levels.