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 3 out of 10. In the past year, HESM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
HESM has a poor technical rating and the quality of the setup is also 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.
More info and screens
31.41
We found 1 important support area.
- A support zone ranging from 31.73 to 31.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 34.84 to 34.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | UP | POSITIVE | The short term trend for HESM is up. |
| ChartMill Relative Strength | 24.59 | NEGATIVE | HESM has a low relative strength, it was outperformed by 75.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HESM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HESM is above the rising 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) | 61.75 | NEUTRAL | The RSI value for HESM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests HESM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.31 | OVERBOUGHT | The high Stochastics value suggests HESM may be overbought. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for HESM suggests low volalility. |
| Average Directional Index/ADX (14) | 18.36 | NEGATIVE | The low ADX value for HESM suggests a weak or negative trend. |
34.83
+0.38 (+1.1%)
HESS MIDSTREAM LP - CLASS A / HESM FAQ
What is the technical rating for HESM stock?
ChartMill assigns a technical rating of 3 / 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 61.7524. 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 positive.
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 31.74 and a resistance level at 34.84. Check the full technical report for our detailed analysis of HESM support and resistance levels.