HERSHEY CO/THE (HSY) Technical Analysis
NYSE:HSY • US4278661081
Current stock price
HSY Technical Rating and Analysis
Overall HSY gets a technical rating of 8 out of 10. 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.
- In the last month HSY has a been trading in the 209.13 - 239.48 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that HSY is one of the better performing stocks in the market, outperforming 81% of all stocks. On top of that, HSY also shows a nice and consistent pattern of rising prices.
- HSY is one of the better performing stocks in the Food Products industry, it outperforms 81% of 87 stocks in the same industry.
- HSY has an average volume of 2024760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- HSY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HSY is lagging the market slightly.
HSY Weekly and Daily overview Charts
HSY Setup Rating and Analysis
Although HSY has an excellent technical rating, it does not offer a high 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
HSY Support and Resistance Analysis
160.33
We found 5 important support areas.
- A support zone ranging from 210.33 to 210.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @199.01 from a trend line in the daily time frame.
- Support @182.05 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 | 81.36 | POSITIVE | HSY has a high relative strength, it outperformed 81.36% 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) | 38.78 | NEUTRAL | The RSI value for HSY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.7 | NEGATIVE | The MACD value suggests HSY has a negative trend. |
| Stochastics (14,3) | 6.31 | OVERSOLD | The low Stochastics value suggests HSY may be oversold. |
| Average True Range in percent/ATR (20) | 2.43 | MEDIUM VOLATILITY | The ATR as a percentage value for HSY suggests some volalility. |
| Average Directional Index/ADX (14) | 23.07 | NEUTRAL | The ADX value for HSY suggests a possible start of a new trend. |
HSY Chart- and CandleStick Pattern Analysis
HSY Technicals: Chart, Performance Metrics, Trend & Indicators
210.58
-2.14 (-1.01%)
HERSHEY CO/THE / HSY TA FAQ
What is the technical rating for HSY stock?
ChartMill assigns a technical rating of 8 / 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 38.7778. 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 -2.70441, indicating a bearish trend.
What is the support and resistance level for HSY stock?
HERSHEY CO/THE (HSY) has a support level at 210.57 and a resistance level at 236.29. Check the full technical report for our detailed analysis of HSY support and resistance levels.