HOLLYFRONTIER CORP (HFC) Stock Technical Analysis
NYSE:HFC - New York Stock Exchange, Inc. - Common Stock
Taking everything into account, HFC scores 4 out of 10 in our technical rating. HFC has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
HFC is part of the Oil, Gas & Consumable Fuels industry. There are 213 other stocks in this industry. HFC outperforms 72% of them.
HFC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so HFC is performing more or less in line with the market.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
HFC has an average volume of 2677180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that HFC is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month HFC has a been trading in the 29.14 - 39.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
HFC has an average technical rating and it also does not offer a high quality setup 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
28.31
38.75
We found 3 important support areas.
- Support @30.36 from a trend line in the weekly time frame.
- A support zone ranging from 29.39 to 29.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @28.60 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @38.37 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for HFC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HFC is up. |
| ChartMill Relative Strength | 79.13 | POSITIVE | HFC has a high relative strength, it outperformed 79.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HFC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HFC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HFC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.09 | NEUTRAL | The RSI value for HFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.63 | POSITIVE | The MACD value suggests HFC has a positive trend. |
| Stochastics (14,3) | 84.67 | OVERBOUGHT | The high Stochastics value suggests HFC may be overbought. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for HFC suggests high volalility. |
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)
36.39
+0.71 (+1.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.99%
1 Week24.03%
2 Weeks19.51%
1 Month-5.77%
3 Month13.79%
6 Month18.57%
12 Month0.28%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.22
ATR(20)%5.67%
ATR Inc3.4%
Range Today2.21
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.13
Mansfield1.44
10 Day High37.37
10 Day Low29.19
20 Day High39.39
20 Day Low29.14
52 Week High39.39
52 Week Low27.17
CS1 End30.36
CR1 Start38.37
Volume & EV
DER(3)0.98%
DER(5)1.58%
Volume4.78M
Volume Incr52.26%
Vol(5)4.73M
Vol(50)2.68M