HARSCO CORP (HSC) Technical Analysis
NYSE:HSC • US4158641070
Current stock price
HSC Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to HSC. In the last year, HSC was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- HSC is part of the Commercial Services & Supplies industry. There are 79 other stocks in this industry. HSC outperforms 96% of them.
- HSC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HSC is lagging the market slightly.
- Looking at the yearly performance, HSC did better than 91% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month HSC has a been trading in the 8.22 - 9.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
HSC Weekly and Daily overview Charts
HSC Setup Rating and Analysis
Besides having an excellent technical rating, HSC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 9.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.94, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for HSC in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
HSC Support and Resistance Analysis
6.00
We found 5 important support areas.
- A support zone ranging from 8.87 to 8.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.60 from a horizontal line in the weekly time frame.
- A support zone ranging from 8.30 to 8.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.37 to 7.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.06 to 6.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 9.29 to 9.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
HSC 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 HSC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HSC is neutral. |
| ChartMill Relative Strength | 91.28 | POSITIVE | HSC has a high relative strength, it outperformed 91.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HSC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HSC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HSC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.47 | NEUTRAL | The RSI value for HSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests HSC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.24 | NEUTRAL | The Stochastics value for HSC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.36 | MEDIUM VOLATILITY | The ATR as a percentage value for HSC suggests some volalility. |
| Average Directional Index/ADX (14) | 27.79 | POSITIVE | The high ADX value value for HSC suggests a strong trend. |
HSC Chart- and CandleStick Pattern Analysis
HSC Example Setup
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 |
|---|---|---|---|
| 9.44 | 8.86 | 0.58 (6.14%) | 16.28% |
| An entry @9.44. This is a Buy Stop order right above the resistance zone. | An exit @8.86. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.58 points, which is 6.14%. | When investing 16.28% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of HSC. 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.
HSC Technicals: Chart, Performance Metrics, Trend & Indicators
9.15
+0.21 (+2.35%)
HARSCO CORP / HSC TA FAQ
What is the technical rating for HSC stock?
ChartMill assigns a technical rating of 6 / 10 to HSC.
What is the current trend direction of HARSCO CORP (HSC) stock?
The current trend direction for HARSCO CORP (HSC) is Bullish.
What is the RSI signal for HSC stock?
HARSCO CORP (HSC) has an RSI value of 57.4661. This indicates that the stock is currently neutral.
What is the MACD signal for HARSCO CORP (HSC) stock?
The MACD indicator for HARSCO CORP (HSC) has a value of -0.0194221, indicating a bearish trend.