HELIX ENERGY SOLUTIONS GROUP (HLX) Stock Technical Analysis
NYSE:HLX - New York Stock Exchange, Inc. - US42330P1075 - Common Stock - Currency: USD
Taking everything into account, HLX scores 1 out of 10 in our technical rating. HLX'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, HLX is a bad performer in the overall market: 93% of all stocks are doing better.
HLX is part of the Energy Equipment & Services industry. There are 63 other stocks in this industry, of which 80% are performing better than HLX.
HLX 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.
In the last month HLX has a been trading in the 6.16 - 7.29 range, which is quite wide. It is currently trading near the lows of this range.
HLX has an average volume of 1768160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of HLX is bad and it also does not present a 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
5.91
9.26
When analyzing the support we can see 2 important areas.
- Support @6.13 from a horizontal line in the weekly time frame.
- A support zone ranging from 5.97 to 5.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 6.68 to 6.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.02 from a trend line in the daily time frame.
- Resistance @7.91 from a trend line in the daily time frame.
- A resistance zone ranging from 9.10 to 9.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 HLX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HLX is down. |
| ChartMill Relative Strength | 7.65 | NEGATIVE | HLX has a low relative strength, it was outperformed by 92.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HLX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HLX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HLX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.32 | NEUTRAL | The RSI value for HLX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests HLX has a negative trend. |
| Stochastics (14,3) | 5.91 | OVERSOLD | The low Stochastics value suggests HLX may be oversold. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for HLX suggests some volalility. |
| Average Directional Index/ADX (14) | 21.09 | NEUTRAL | The ADX value for HLX suggests a possible start of a new 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)
6.24
-0.04 (-0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.64%
1 Week-5.74%
2 Weeks-12.48%
1 Month0.81%
3 Month-7.42%
6 Month-34.45%
12 Month-47.61%
2 Year-15.45%
3 Year101.29%
5 Year79.83%
10 Year-50.59%
15 Year-42.06%
Volatility
ATR(14)0.27
ATR(20)%4.41%
ATR Inc-37.37%
Range Today0.17
ADR(20)0.27
ADR(20)%4.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.65
Mansfield-3.48
10 Day High7.3
10 Day Low6.2
20 Day High7.3
20 Day Low6.16
52 Week High13.05
52 Week Low5.66
CS1 End5.98
CR1 Start7.05
Volume & EV
DER(3)0.81%
DER(5)0%
Volume1.36M
Volume Incr50.18%
Vol(5)1.80M
Vol(50)1.77M