HARSCO CORP (HSC) Stock Technical Analysis
NYSE:HSC - New York Stock Exchange, Inc. - US4158641070 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to HSC. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
HSC is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 81% of 83 stocks in the same industry.
HSC is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so HSC slightly outperforms the market at the moment.
Looking at the yearly performance, HSC did better than 91% of all other stocks. However, this relatively good performance is mostly due to a recent big 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.
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. Another positive sign is the recent Pocket Pivot signal.
- 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
6.00
9.52
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.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.28
Mansfield2.36
10 Day High9.49
10 Day Low8.22
20 Day High9.66
20 Day Low8.22
52 Week High9.7
52 Week Low3.73
Performance
1 Week4.93%
2 Weeks1.67%
1 Month-2.35%
3 Month34.76%
6 Month46.4%
12 Month24.32%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)57.47
LBB8.3
UBB9.33
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 trade has a worst case loss of 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.
9.15
+0.21 (+2.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg2.35%
1 Week4.93%
2 Weeks1.67%
1 Month-2.35%
3 Month34.76%
6 Month46.4%
12 Month24.32%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%4.36%
ATR Inc-8.69%
Range Today0.51
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.28
Mansfield2.36
10 Day High9.49
10 Day Low8.22
20 Day High9.66
20 Day Low8.22
52 Week High9.7
52 Week Low3.73
CS1 End8.94
CR1 Start9.29
Volume & EV
DER(3)3.53%
DER(5)4.67%
Volume1.94M
Volume Incr110.58%
Vol(5)776.88K
Vol(50)521.98K