HERSHEY CO/THE (HSY) Technical Analysis
NYSE:HSY • US4278661081
Current stock price
HSY Technical Rating and Analysis
Overall HSY gets a technical rating of 1 out of 10. HSY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month HSY has a been trading in the 189.65 - 217.64 range, which is quite wide. It is currently trading near the lows of this range.
- HSY has an average volume of 2069850 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, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, HSY turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- HSY is part of the Food Products industry. There are 87 other stocks in this industry, HSY did better than 69% of them.
- HSY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HSY is lagging the market.
HSY Weekly and Daily overview Charts
HSY Setup Rating and Analysis
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
HSY Support and Resistance Analysis
160.33
When analyzing the support we can see 4 important areas.
- Support @191.35 from a horizontal line in the daily time frame.
- Support @184.53 from a trend line in the weekly time frame.
- Support @169.62 from a horizontal line in the weekly time frame.
- Support @161.95 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 205.39 to 206.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 210.85 to 213.74. 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 | 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 | 46.83 | NEUTRAL | HSY is not amongst the best or worst performers 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 | POSITIVE | The current price of HSY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.41 | NEUTRAL | The RSI value for HSY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.64 | NEGATIVE | The MACD value suggests HSY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.91 | OVERSOLD | The low Stochastics value suggests HSY may be oversold. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for HSY suggests some volalility. |
| Average Directional Index/ADX (14) | 30.74 | POSITIVE | The high ADX value value for HSY suggests a strong trend. |
HSY Chart- and CandleStick Pattern Analysis
HSY Technicals: Chart, Performance Metrics, Trend & Indicators
192.63
+1.27 (+0.66%)
HERSHEY CO/THE / HSY TA FAQ
What is the technical rating for HSY stock?
ChartMill assigns a technical rating of 1 / 10 to HSY.
Can you provide the trend direction for HERSHEY CO/THE?
The current trend direction for HERSHEY CO/THE (HSY) is Bearish.
What is the RSI signal for HERSHEY CO/THE (HSY) stock?
HERSHEY CO/THE (HSY) has an RSI value of 31.4094. This indicates that the stock is currently neutral.
What is the short term momentum for HSY stock?
The short term momentum for HERSHEY CO/THE (HSY) is negative.
Can you provide the support and resistance levels for HERSHEY CO/THE?
HERSHEY CO/THE (HSY) has a support level at 191.35 and a resistance level at 205.39. Check the full technical report for our detailed analysis of HSY support and resistance levels.