HERSHEY CO/THE (HSY) Stock Technical Analysis
NYSE:HSY • US4278661081
Taking everything into account, HSY scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, HSY has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, HSY did better than 87% of all other stocks. We also observe that the gains produced by HSY over the past year are nicely spread over this period.
- HSY is part of the Food Products industry. There are 88 other stocks in this industry. HSY outperforms 88% of them.
- HSY is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HSY is lagging the market slightly.
- HSY is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- HSY has an average volume of 1906990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, HSY also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
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164.29
When analyzing the support we can see 4 important areas.
- Support @201.48 from a trend line in the daily time frame.
- A support zone ranging from 189.94 to 189.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 178.78 to 178.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @165.95 from a horizontal line in the daily time frame.
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 | 87.56 | POSITIVE | HSY has a high relative strength, it outperformed 87.56% off all stocks 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) | UP | POSITIVE | The current price of HSY is above 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) | 67.35 | NEUTRAL | The RSI value for HSY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.15 | POSITIVE | The MACD value suggests HSY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.97 | OVERBOUGHT | The high Stochastics value suggests HSY may be overbought. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for HSY suggests some volalility. |
| Average Directional Index/ADX (14) | 37.97 | POSITIVE | The high ADX value value for HSY suggests a strong trend. |
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 |
|---|---|---|---|
| 234.88 | 193.69 | 41.19 (17.54%) | 5.70% |
| An entry @234.88. This is a Buy Stop order right above the 10 day high. | An exit @193.69. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 41.19 points, which is 17.54%. | When investing 5.70% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
222.58
-3.68 (-1.63%)
HERSHEY CO/THE / HSY FAQ
What is the technical rating for HSY stock?
ChartMill assigns a technical rating of 10 / 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 67.3453. 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 2.15262, indicating a bullish trend.
What is the support and resistance level for HSY stock?
HERSHEY CO/THE (HSY) has a support level at 201.48. Check the full technical report for our detailed analysis of HSY support and resistance levels.