HERSHEY CO/THE (HSY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HSY - US4278661081 - Common Stock
Taking everything into account, HSY scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HSY is only an average performer.
HSY has an average technical rating and also the quality of the setup is only medium 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.
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160.33
When analyzing the support we can see 3 important areas.
- A support zone ranging from 182.25 to 183.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 169.62 to 172.11. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 161.95 to 165.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 193.81 to 195.57. 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 | UP | POSITIVE | The long term trend for HSY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HSY is up. |
| ChartMill Relative Strength | 62.78 | NEUTRAL | HSY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HSY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HSY is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HSY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.88 | NEUTRAL | The RSI value for HSY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.92 | POSITIVE | The MACD value suggests HSY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 94.23 | OVERBOUGHT | The high Stochastics value suggests HSY may be overbought. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for HSY suggests some volalility. |
| Average Directional Index/ADX (14) | 23.11 | NEUTRAL | The ADX value for HSY suggests a possible start of a new trend. |
188.2
+1.45 (+0.78%)
HERSHEY CO/THE / HSY FAQ
What is the technical rating for HSY stock?
ChartMill assigns a technical rating of 6 / 10 to HSY.
What is the current trend direction of HERSHEY CO/THE (HSY) stock?
The current trend direction for HERSHEY CO/THE (HSY) is Bullish.
What is the RSI signal for HSY stock?
HERSHEY CO/THE (HSY) has an RSI value of 63.8844. This indicates that the stock is currently neutral.
Can you provide the short term momentum for HERSHEY CO/THE?
The short term momentum for HERSHEY CO/THE (HSY) is positive.
What are the support and resistance levels for HERSHEY CO/THE (HSY) stock?
HERSHEY CO/THE (HSY) has a support level at 183.36 and a resistance level at 193.81. Check the full technical report for our detailed analysis of HSY support and resistance levels.