HELIX ENERGY SOLUTIONS GROUP (HLX)

US42330P1075 - Common Stock

10.59  +0.02 (+0.19%)

After market: 10.65 +0.06 (+0.57%)

Technical Rating and Analysis

3

Taking everything into account, HLX scores 3 out of 10 in our technical rating. In the last year, HLX was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

HLX 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
HLX is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 81% of 65 stocks in the same industry.
HLX has an average volume of 1779620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that HLX is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
HLX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HLX is lagging the market.
Weekly and Daily overview Charts
HLX Weekly chart
HLX Daily chart
Setup Rating and Analysis

7

HLX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 10.21, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

8.73

12.00

We found 3 important support areas.

  • A support zone ranging from 10.14 to 10.21. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 9.04 to 9.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @8.82 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • Resistance @10.60 from a trend line in the daily time frame.
  • A resistance zone ranging from 11.02 to 11.05. 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 11.63 to 11.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.71
Mansfield-0.83
10 Day High11.27
10 Day Low10.04
20 Day High11.6
20 Day Low10.04
52 Week High12.14
52 Week Low6.97
Performance
1 Week0.47%
2 Weeks2.72%
1 Month-7.19%
3 Month0.86%
6 Month1.34%
12 Month52.81%
2 Year241.61%
3 Year85.46%
5 Year22.71%
10 Year-59.75%
15 Year-2.58%
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)45.41
LBB10.08
UBB10.97
HLX Daily chart

HELIX ENERGY SOLUTIONS GROUP

NYSE:HLX (6/21/2024, 7:04:00 PM)

After market: 10.65 +0.06 (+0.57%)

10.59

+0.02 (+0.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.19%
1 Week0.47%
2 Weeks2.72%
1 Month-7.19%
3 Month0.86%
6 Month1.34%
12 Month52.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.39
ATR(20)%3.35%
ATR Inc
Range Today0.21
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.27
10 Day Low10.04
20 Day High11.6
20 Day Low10.04
52 Week High12.14
52 Week Low6.97
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume16.91M
Volume Incr252.99%
Vol(5)4.73M
Vol(50)1.78M