HELIX ENERGY SOLUTIONS GROUP (HLX) Technical Analysis
NYSE:HLX • US42330P1075
Current stock price
HLX Technical Rating and Analysis
Taking everything into account, HLX scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, HLX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- HLX 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 HLX is performing more or less in line with the market.
- In the last month HLX has a been trading in the 8.58 - 10.20 range, which is quite wide. It is currently trading near the high of this range.
- HLX has an average volume of 2236660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, HLX did better than 90% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- HLX is part of the Energy Equipment & Services industry. There are 60 other stocks in this industry, HLX did better than 44% of them.
- Considerably lower volume is observed in the last couple of days.
HLX Weekly and Daily overview Charts
HLX Setup Rating and Analysis
Although HLX has an excellent technical rating, it 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
HLX Support and Resistance Analysis
6.03
When analyzing the support we can see 5 important areas.
- A support zone ranging from 9.27 to 9.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.98 from a trend line in the daily time frame.
- A support zone ranging from 8.74 to 8.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @6.47 from a trend line in the weekly time frame.
- A support zone ranging from 6.09 to 6.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
HLX Technical Indicator Signal Analysis
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 HLX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HLX is up. |
| ChartMill Relative Strength | 90.77 | POSITIVE | HLX has a high relative strength, it outperformed 90.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HLX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HLX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HLX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.32 | NEUTRAL | The RSI value for HLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests HLX has a positive trend. |
| Stochastics (14,3) | 90.67 | OVERBOUGHT | The high Stochastics value suggests HLX may be overbought. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for HLX suggests some volalility. |
| Average Directional Index/ADX (14) | 40.22 | POSITIVE | The high ADX value value for HLX suggests a strong trend. |
HLX Chart- and CandleStick Pattern Analysis
HLX Technicals: Chart, Performance Metrics, Trend & Indicators
10.1
+0.02 (+0.2%)
HELIX ENERGY SOLUTIONS GROUP / HLX TA FAQ
Can you provide the ChartMill technical rating for HELIX ENERGY SOLUTIONS GROUP?
ChartMill assigns a technical rating of 9 / 10 to HLX.
Can you provide the trend direction for HELIX ENERGY SOLUTIONS GROUP?
The current trend direction for HELIX ENERGY SOLUTIONS GROUP (HLX) is Bullish.
What is the RSI signal for HLX stock?
HELIX ENERGY SOLUTIONS GROUP (HLX) has an RSI value of 66.3234. This indicates that the stock is currently neutral.
What is the MACD signal for HLX stock?
The MACD indicator for HELIX ENERGY SOLUTIONS GROUP (HLX) has a value of 0.0506572, indicating a bearish trend.
What is the support and resistance level for HLX stock?
HELIX ENERGY SOLUTIONS GROUP (HLX) has a support level at 9.38. Check the full technical report for our detailed analysis of HLX support and resistance levels.