HESS MIDSTREAM LP - CLASS A (HESM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HESM - US4281031058 - Common Stock
Overall HESM gets a technical rating of 0 out of 10. HESM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
HESM has a poor technical rating and the quality of the setup is also not perfect 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
31.41
We found 1 important support area.
- A support zone ranging from 31.73 to 31.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 32.96 to 34.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @41.26 from a horizontal line in the daily time frame.
- Resistance @42.75 from a horizontal line in the weekly time frame.
- Resistance @43.88 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for HESM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HESM is down. |
| ChartMill Relative Strength | 20.68 | NEGATIVE | HESM has a low relative strength, it was outperformed by 79.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HESM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HESM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HESM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.66 | NEUTRAL | The RSI value for HESM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests HESM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.39 | NEUTRAL | The Stochastics value for HESM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for HESM suggests some volalility. |
| Average Directional Index/ADX (14) | 21.79 | NEUTRAL | The ADX value for HESM suggests a possible start of a new trend. |
32.74
+0.14 (+0.43%)
HESS MIDSTREAM LP - CLASS A / HESM FAQ
What is the technical rating for HESM stock?
ChartMill assigns a technical rating of 0 / 10 to HESM.
What is the current trend direction of HESS MIDSTREAM LP - CLASS A (HESM) stock?
The current trend direction for HESS MIDSTREAM LP - CLASS A (HESM) is Bearish.
What is the RSI signal for HESM stock?
HESS MIDSTREAM LP - CLASS A (HESM) has an RSI value of 41.6629. This indicates that the stock is currently neutral.
What is the short term momentum for HESS MIDSTREAM LP - CLASS A (HESM) stock?
The short term momentum for HESS MIDSTREAM LP - CLASS A (HESM) is negative.
Can you provide the support and resistance levels for HESS MIDSTREAM LP - CLASS A?
HESS MIDSTREAM LP - CLASS A (HESM) has a support level at 31.73 and a resistance level at 32.96. Check the full technical report for our detailed analysis of HESM support and resistance levels.