HELIX ENERGY SOLUTIONS GROUP (HLX)
US42330P1075 - Common Stock
Taking everything into account, HLX scores 10 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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that HLX is one of the better performing stocks in the market, outperforming 83% of all stocks. On top of that, HLX also shows a nice and consistent pattern of rising prices.
HLX is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 76% of 65 stocks in the same industry.
HLX is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so HLX is leading the market.
HLX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
HLX has an average volume of 1911420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, HLX also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 12.43, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HLX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
8.73
12.96
5 important support areas can be observed.
- A support zone ranging from 12.30 to 12.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.58 to 10.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.32 from a trend line in the daily time frame.
- Support @9.04 from a horizontal line in the daily time frame.
- Support @8.82 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @12.83 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.81
Mansfield0.6
10 Day High13.05
10 Day Low11.81
20 Day High13.05
20 Day Low11.58
52 Week High13.05
52 Week Low8.82
Performance
1 Week-1.19%
2 Weeks2.64%
1 Month8.55%
3 Month9.89%
6 Month23.17%
12 Month30.13%
2 Year207.92%
3 Year199.76%
5 Year42.01%
10 Year-51.08%
15 Year18.59%
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)-0.02
RSI(14)59.22
LBB11.82
UBB13.06
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 12.84 | 12.29 | 0.55 (4.28%) | 23.35% |
| An entry @12.84. This is a Buy Stop order right above the resistance zone. | An exit @12.29. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.55 points, which is 4.28%. | For a 1.00% total portfolio risk, you can invest 23.35% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HLX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HELIX ENERGY SOLUTIONS GROUP
NYSE:HLX (7/26/2024, 7:04:00 PM)
After market: 12.44 0 (0%)12.44
-0.1 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.8%
1 Week-1.19%
2 Weeks2.64%
1 Month8.55%
3 Month9.89%
6 Month23.17%
12 Month30.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.49
ATR(20)%3.58%
ATR Inc
Range Today0.49
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 High13.05
10 Day Low11.81
20 Day High13.05
20 Day Low11.58
52 Week High13.05
52 Week Low8.82
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.37M
Volume Incr-15.61%
Vol(5)2.13M
Vol(50)1.91M