HERSHEY CO/THE (HSY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HSY - US4278661081 - Common Stock
Overall HSY gets a technical rating of 2 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.
HSY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
160.33
We found 4 important support areas.
- Support @175.22 from a trend line in the weekly time frame.
- Support @169.62 from a horizontal line in the weekly time frame.
- A support zone ranging from 165.95 to 166.18. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 161.95 to 162.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 183.15 to 184.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 190.41 to 195.57. 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 | NEUTRAL | NEUTRAL | The short term trend for HSY is neutral. |
| ChartMill Relative Strength | 45.87 | 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 | MIXED | The current price of HSY is above 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) | 46.93 | NEUTRAL | The RSI value for HSY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.61 | NEGATIVE | The MACD value suggests HSY has a negative trend. |
| Stochastics (14,3) | 29.77 | NEUTRAL | The Stochastics value for HSY is a neutral value. |
| Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for HSY suggests some volalility. |
| Average Directional Index/ADX (14) | 17.53 | NEGATIVE | The low ADX value for HSY suggests a weak or negative trend. |
181.98
-0.21 (-0.12%)
HERSHEY CO/THE / HSY FAQ
What is the technical rating for HSY stock?
ChartMill assigns a technical rating of 2 / 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 HSY stock?
HERSHEY CO/THE (HSY) has an RSI value of 46.9307. 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 -0.609609, indicating a bearish trend.
What is the support and resistance level for HSY stock?
HERSHEY CO/THE (HSY) has a support level at 175.22 and a resistance level at 183.15. Check the full technical report for our detailed analysis of HSY support and resistance levels.