HERSHEY CO/THE (HSY) Stock Technical Analysis
USA - NYSE:HSY - US4278661081 - Common Stock
Taking everything into account, HSY scores 0 out of 10 in our technical rating. HSY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of HSY is bad and it also does not present a quality setup 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.
More info and screens
159.86
When analyzing the support we can see 2 important areas.
- Support @164.50 from a trend line in the weekly time frame.
- Support @161.47 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 193.45 to 194.30. 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 | NEUTRAL | NEUTRAL | The long term trend for HSY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HSY is down. |
| ChartMill Relative Strength | 24.98 | NEGATIVE | HSY has a low relative strength, it was outperformed by 75.02% 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) | DOWN | NEGATIVE | The current price of HSY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HSY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 28.46 | OVERSOLD | The low RSI value suggests HSY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.38 | NEGATIVE | The MACD value suggests HSY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.5 | OVERSOLD | The low Stochastics value suggests HSY may be oversold. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for HSY suggests some volalility. |
| Average Directional Index/ADX (14) | 31.53 | POSITIVE | The high ADX value value for HSY suggests a strong trend. |
165.95
+3.64 (+2.24%)
HERSHEY CO/THE / HSY FAQ
What is the technical rating for HSY stock?
ChartMill assigns a technical rating of 0 / 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 Bearish.
What is the RSI signal for HSY stock?
HERSHEY CO/THE (HSY) has an RSI value of 28.4593. This indicates that the stock is currently oversold.
Can you provide the short term momentum for HERSHEY CO/THE?
The short term momentum for HERSHEY CO/THE (HSY) is negative.
What are the support and resistance levels for HERSHEY CO/THE (HSY) stock?
HERSHEY CO/THE (HSY) has a support level at 164.5 and a resistance level at 193.45. Check the full technical report for our detailed analysis of HSY support and resistance levels.