HERSHEY CO/THE (HSY) Technical Analysis
NYSE:HSY • US4278661081
Current stock price
HSY Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to HSY. In the last year, HSY was one of the better performers, but we do observe some doubts in the very recent evolution.
- HSY is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- When comparing the yearly performance of all stocks, we notice that HSY is one of the better performing stocks in the market, outperforming 83% of all stocks. On top of that, HSY also shows a nice and consistent pattern of rising prices.
- HSY is part of the Food Products industry. There are 87 other stocks in this industry. HSY outperforms 81% of them.
- HSY is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so HSY is performing more or less in line with the market.
- HSY has an average volume of 2076270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
HSY Weekly and Daily overview Charts
HSY Setup Rating and Analysis
Besides having an excellent technical rating, HSY also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 212.79, a Stop Loss order could be placed below this zone.
More info and screens
HSY Support and Resistance Analysis
160.33
5 important support areas can be observed.
- A support zone ranging from 210.13 to 212.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @201.38 from a trend line in the daily time frame.
- Support @182.67 from a trend line in the weekly time frame.
- Support @165.95 from a horizontal line in the daily time frame.
- Support @161.95 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 236.29 to 236.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
HSY 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 HSY is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HSY is down. |
| ChartMill Relative Strength | 83.85 | POSITIVE | HSY has a high relative strength, it outperformed 83.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HSY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HSY is below the rising 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) | 45.71 | NEUTRAL | The RSI value for HSY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.19 | NEGATIVE | The MACD value suggests HSY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.56 | NEUTRAL | The Stochastics value for HSY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for HSY suggests some volalility. |
| Average Directional Index/ADX (14) | 19.61 | NEGATIVE | The low ADX value for HSY suggests a weak or negative trend. |
HSY Chart- and CandleStick Pattern Analysis
HSY Technicals: Chart, Performance Metrics, Trend & Indicators
213.73
+3.3 (+1.57%)
HERSHEY CO/THE / HSY TA FAQ
What is the technical rating for HSY stock?
ChartMill assigns a technical rating of 7 / 10 to HSY.
Can you provide the trend direction for HERSHEY CO/THE?
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 45.7131. This indicates that the stock is currently neutral.
What is the MACD signal for HSY stock?
The MACD indicator for HERSHEY CO/THE (HSY) has a value of -1.19094, indicating a bearish trend.
What is the support and resistance level for HSY stock?
HERSHEY CO/THE (HSY) has a support level at 212.79 and a resistance level at 236.29. Check the full technical report for our detailed analysis of HSY support and resistance levels.