HERSHEY CO/THE (HSY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HSY - US4278661081 - Common Stock
We assign a technical rating of 10 out of 10 to HSY. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, HSY did better than 78% 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 one of the better performing stocks in the Food Products industry, it outperforms 83% of 87 stocks in the same industry.
- 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 has an average volume of 1673270 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month HSY has a been trading in the 178.65 - 201.86 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although HSY has an excellent technical rating, it does not present a decent entry opportunity 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
164.29
We found 3 important support areas.
- A support zone ranging from 183.62 to 188.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 177.08 to 178.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 165.95 to 169.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @197.77 from a horizontal line in the weekly 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 | 78.05 | POSITIVE | HSY has a high relative strength, it outperformed 78.05% 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) | 52.37 | NEUTRAL | The RSI value for HSY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.67 | POSITIVE | The MACD value suggests HSY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.29 | NEUTRAL | The Stochastics value for HSY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.42 | MEDIUM VOLATILITY | The ATR as a percentage value for HSY suggests some volalility. |
| Average Directional Index/ADX (14) | 23.13 | NEUTRAL | The ADX value for HSY suggests a possible start of a new trend. |
190.65
-5.42 (-2.76%)
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 52.3702. 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 0.671135, indicating a bearish trend.
What is the support and resistance level for HSY stock?
HERSHEY CO/THE (HSY) has a support level at 188.2 and a resistance level at 197.77. Check the full technical report for our detailed analysis of HSY support and resistance levels.