HESS MIDSTREAM LP - CLASS A (HESM) Stock Technical Analysis
NYSE:HESM - US4281031058 - Common Stock
41.2 USD
-0.37 (-0.89%)
41.2 USD
0 (0%)
Taking everything into account, HESM scores 7 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, HESM is only an average performer.
In the last month HESM has a been trading in the 40.69 - 43.43 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Both the short term and long term trends are positive. This is a very positive sign.
HESM is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 74% of 208 stocks in the same industry.
HESM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HESM is lagging the market slightly.
HESM has an average volume of 1627690 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, HESM outperforms 67% of them, which is more or less in line with the market.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, HESM also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 41.26. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 41.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HESM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
33.91
44.33
We found 5 important support areas.
- A support zone ranging from 40.10 to 41.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @38.84 from a trend line in the daily time frame.
- A support zone ranging from 37.51 to 38.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 35.22 to 35.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @34.25 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 41.26 to 41.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 42.75 to 42.76. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 43.88 to 43.89. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for HESM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HESM is up. |
| ChartMill Relative Strength | 67.81 | NEUTRAL | HESM is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of HESM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HESM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.33 | NEUTRAL | The RSI value for HESM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests HESM has a negative trend. |
| Stochastics (14,3) | 46.19 | NEUTRAL | The Stochastics value for HESM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.68 | LOW VOLATILITY | The low ATR as a percentage value for HESM suggests low volalility. |
| Average Directional Index/ADX (14) | 16.51 | NEGATIVE | The low ADX value for HESM suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 41.52 | 40.68 | 0.84 (2.02%) | 25.00% |
| An entry @41.52. This is a Buy Stop order right above the resistance zone. | An exit @40.68. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.84 points, which is 2.02%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.51%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
41.2
-0.37 (-0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.89%
1 Week-0.6%
2 Weeks0.07%
1 Month-3.1%
3 Month11.35%
6 Month-1.27%
12 Month10.31%
2 Year42.56%
3 Year45.53%
5 Year133.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%1.68%
ATR Inc-35.65%
Range Today0.48
ADR(20)0.67
ADR(20)%1.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.81
Mansfield-0.22
10 Day High41.8
10 Day Low40.69
20 Day High43.43
20 Day Low40.69
52 Week High44.14
52 Week Low33.59
CS1 End41.02
CR1 Start41.26
Volume & EV
DER(3)3.56%
DER(5)3.82%
Volume1.25M
Volume Incr-39.54%
Vol(5)1.04M
Vol(50)1.63M