HESS MIDSTREAM LP - CLASS A (HESM) Stock Technical Analysis
USA - NYSE:HESM - US4281031058 - Common Stock
32.68 USD
-0.09 (-0.27%)
32.68 USD
0 (0%)
Overall HESM gets a technical rating of 0 out of 10. HESM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, HESM is a bad performer in the overall market: 84% of all stocks are doing better.
HESM is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 69% are performing better than HESM.
HESM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
HESM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
HESM has an average volume of 1516110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
44.32
When analyzing the support we notice one important 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.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 32.69 to 32.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 37.87 to 38.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @41.28 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 | 16.85 | NEGATIVE | HESM has a low relative strength, it was outperformed by 83.15% 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) | 29.5 | OVERSOLD | The low RSI value suggests HESM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests HESM has a positive trend. |
| Stochastics (14,3) | 32.02 | NEUTRAL | The Stochastics value for HESM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for HESM suggests some volalility. |
| Average Directional Index/ADX (14) | 55.82 | POSITIVE | The high ADX value value for HESM 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)
32.68
-0.09 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.27%
1 Week2.96%
2 Weeks-5.03%
1 Month-7.58%
3 Month-20.29%
6 Month-12.92%
12 Month-8.07%
2 Year8.93%
3 Year12.92%
5 Year91.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%2.06%
ATR Inc-4.9%
Range Today0.6
ADR(20)0.66
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.85
Mansfield-2.33
10 Day High34.47
10 Day Low31.63
20 Day High35.52
20 Day Low31.63
52 Week High44.14
52 Week Low31.63
CS1 End31.73
CR1 Start32.69
Volume & EV
DER(3)-2.2%
DER(5)-1.27%
Volume908.40K
Volume Incr-21.32%
Vol(5)1.45M
Vol(50)1.52M