The Greedy Trader Weekly Analysis
Sign In Sep 14, 2018
Skip Navigation Links
   Home
   AnalysisExpand    Analysis
   AlertsExpand    Alerts
   Stock PickExpand    Stock Pick
   MembersExpand    Members
   ResourcesExpand    Resources
   About UsExpand    About Us
Number of records: 8
Symbol:  

• Symbol Lookup
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals
Halliburton Co.
Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Oversold sectorOversold industryLane's Stochastic oversoldRelative Strength Index and Williams' Percentage Range are strongly oversoldRelative Strength Index and Lane's Stochastic bullish divergenceBroken trend support line
Daily :Daily  MACD line has moved below its signal lineThe price is below the lower Bollinger BandWilliams' Percentage Range and Lane's Stochastic are oversold
Move cursor over the icon to see details.

It was the negative week for the Halliburton Co. (HAL). During the week, the HAL dropped -3.09 points, or -7.75%, and closed at 36.80 on Friday, September 07, 2018. It was the worst weekly loss since July 27, 2018. Weekly volume was 45% above average.

HAL is a member of Basic Materials Sector. Basic Materials is the most oversold sector. HAL is a member of Oil & Gas Equipment/Svcs Industry. Oil & Gas Equipment/Svcs is the seventh most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See HAL long-term trend chart]
A long-term uptrend had started on January 20, 2016 at 27.64 and reached 58.78 on January 26, 2017. HAL gained -31.14 points, or -112.66%, in 53 weeks. The chart has formed a Descending Triangle chart pattern. The uptrend support line (45.18) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. HAL may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.

Medium-term trend: [See HAL medium-term trend chart]
A medium-term downtrend had started on May 17, 2018 at 54.91 and reached 35.75 on September 7, 2018. HAL lost 19.16 points, or 34.89%, in 16 weeks. The price is now at the 5.48% retracement level.

Weekly Technical Indicators: [See HAL weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Relative Strength Index and Williams' Percentage Range are strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Relative Strength Index and Williams' Percentage Range. Weekly Relative Strength Index and Lane's Stochastic have bullish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Relative Strength Index and Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is below its signal line since June 1, 2018. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See HAL short-term trend chart]
A short-term downtrend had started on August 22, 2018 at 41.53 and reached 35.75 on September 7, 2018. HAL lost 5.78 points, or 13.92%, in 16 days. The price is now at the 18.17% retracement level.

Daily Technical Indicators: [See HAL daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic.

During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.

The price has closed on Friday below the lower Bollinger Band. It is considered a bearish signal. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 24.14
Williams' Percentage Range (W%R) 88.90
Oversold
Lane's Stochastic (%D-Slow) 10.13
Oversold
Greed/Fear Indicator (GFI) 15.11
Oversold
Moving Average Converg./Diverg. (MACD) -0.95
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 9.87
Strong Oversold Bullish
Williams' Percentage Range (W%R) 96.40
Strong Oversold
Lane's Stochastic (%D-Slow) 17.41
Oversold Bullish
Greed/Fear Indicator (GFI) 17.71
Oversold
Moving Average Converg./Diverg. (MACD) -1.24 Bullish
Trading Signals
Description Value Chart
Upper Bollinger Band 42.72
50 Day Moving Average 42.09
Parabolic System 40.07
20 Day Moving Average 39.99
Weekly Stochastic Crossing 37.30
Lower Bollinger Band 37.09
Price 36.80
Daily Stochastic Crossing 36.23
Sector and Industry
Description Name Rank
Sector Basic Materials 1
Industry Oil & Gas Equipment/Svcs 7
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 41.53
High Date 08/22/2018
Low 35.75
Low Date 09/07/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 54.91
High Date 05/17/2018
Low 35.75
Low Date 09/07/2018
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 57.86
High Date 01/23/2018
Low 35.75
Low Date 09/07/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 38.18
Low Date 08/18/2017
High 57.86
High Date 01/23/2018
Description Value
Direction Up
Chart Pattern Descending Triangle
Status Broken Support
Resistance 57.28
Support 45.18
Low 27.64
Low Date 01/20/2016
High 58.78
High Date 01/26/2017
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

Copyright© 2004-2016 All rights reserved.