HERSHEY CO/THE (HSY) Stock Technical Analysis
NYSE:HSY - New York Stock Exchange, Inc. - US4278661081 - Common Stock - Currency: USD
Taking everything into account, HSY scores 6 out of 10 in our technical rating. HSY has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, HSY is a bad performer in the overall market: 65% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month HSY has a been trading in the 160.62 - 178.06 range, which is quite wide. It is currently trading near the high of this range.
HSY has an average volume of 1779450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HSY is part of the Food Products industry. There are 91 other stocks in this industry, HSY did better than 65% 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 has an average technical rating and it also 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
149.77
186.92
We found 4 important support areas.
- Support @176.16 from a trend line in the weekly time frame.
- A support zone ranging from 165.35 to 171.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 153.86 to 157.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @151.28 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 176.64 to 177.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 183.10 to 185.07. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for HSY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HSY is up. |
| ChartMill Relative Strength | 35.56 | NEUTRAL | HSY is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of HSY is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.77 | NEUTRAL | The RSI value for HSY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests HSY has a positive trend. |
| Stochastics (14,3) | 87.88 | OVERBOUGHT | The high Stochastics value suggests HSY may be overbought. |
| Average True Range in percent/ATR (20) | 2.19 | MEDIUM VOLATILITY | The ATR as a percentage value for HSY suggests some volalility. |
| Average Directional Index/ADX (14) | 22.84 | NEUTRAL | The ADX value for HSY suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
176.47
-0.61 (-0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.34%
1 Week5.67%
2 Weeks3.98%
1 Month9.28%
3 Month8.77%
6 Month4.4%
12 Month-4.17%
2 Year-23.71%
3 Year-22.59%
5 Year21.36%
10 Year89.98%
15 Year275.47%
Volatility
ATR(14)3.96
ATR(20)%2.19%
ATR Inc-24.92%
Range Today2.53
ADR(20)3.79
ADR(20)%2.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.56
Mansfield-0.74
10 Day High178.06
10 Day Low164.8
20 Day High178.06
20 Day Low160.62
52 Week High208.03
52 Week Low140.13
CS1 End157.26
CR1 Start167.16
Volume & EV
DER(3)1.12%
DER(5)1.38%
Volume733.70K
Volume Incr6.69%
Vol(5)1.84M
Vol(50)1.78M