The Greedy Trader Weekly Analysis
Sign In Nov 22, 2024
Skip Navigation Links
Share
Number of records: 2
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Integrated Oil & Gas Industry Stocks Technical Analysis - HES

Archive
- 11/15/2024 -
Sign In to see current Signals.

Hess Corporation (HES) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support line
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtBearish Advance Block Candlestick
Move cursor over the icon to see details.

It was a second positive week after 4 consecutive negative weeks for the Hess Corporation (HES). During the week, the HES gained 3.40 points, or 2.39%, and closed at 145.60 on Friday, November 15, 2024. Weekly volume was -33% below average.

Long-term trend: [See HES long-term trend chart]
A long-term uptrend had started on March 18, 2020 at 26.06 and reached 167.75 on October 19, 2023. HES gained -141.69 points, or -543.71%, in 187 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (158.25) is broken. A broken support is considered to be a long-term bearish signal. 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 HES medium-term trend chart]
A medium-term uptrend had started on September 11, 2024 at 123.79 and reached 146.10 on November 15, 2024. HES gained -22.31 points, or -18.02%, in 9 weeks. Price is near the trend high.

Weekly Technical Indicators: [See HES weekly technical indicators chart]
Weekly technical indicators are neutral.

The weekly MACD line is above its signal line since October 18, 2024. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.

Short-term trend: [See HES short-term trend chart]
A short-term uptrend had started on October 31, 2024 at 133.80 and reached 146.10 on November 15, 2024. HES gained -12.30 points, or -9.19%, in 15 days. Price is near the trend high.

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

The daily MACD line is above its signal line since November 5, 2024. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.

Candlestick pattern: [See HES candlestick chart pattern]
On Friday the chart has formed a Bearish Advance Block Candlestick pattern. This pattern occurs in an uptrend; it is not a top reversal pattern, but it might precede a meaningful price decline. The reliability of the Bearish Advance Block pattern is medium. Use the Technical Stock Screener to see the list of stocks that had a Bearish Advance Block Candlestick pattern during the last week.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 73.48
Williams' Percentage Range (W%R) 11.40
Overbought
Lane's Stochastic (%D-Slow) 81.94
Overbought
Greed/Fear Indicator (GFI) 81.35
Overbought
Moving Average Converg./Diverg. (MACD) 1.25
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 63.46
Williams' Percentage Range (W%R) 38.10
Lane's Stochastic (%D-Slow) 79.60
Greed/Fear Indicator (GFI) 65.75
Moving Average Converg./Diverg. (MACD) -3.03
Trading Signals
Description Value Chart
Yearly Trendline Resistance 159.95
Yearly Trendline Support 158.25
Upper Bollinger Band 146.89
Price 145.60
Daily Stochastic Crossing 145.04
Weekly Stochastic Crossing 142.59
Parabolic System 140.19
20 Day Moving Average 139.66
50 Day Moving Average 136.81
Lower Bollinger Band 134.05
Sector and Industry
Description Name Rank
Sector Energy 5
Industry Integrated Oil & Gas 91
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 139.70
Low Date 11/13/2024
High 146.10
High Date 11/15/2024
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 133.80
Low Date 10/31/2024
High 146.10
High Date 11/15/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 123.79
Low Date 09/11/2024
High 146.10
High Date 11/15/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 163.98
High Date 04/29/2024
Low 123.79
Low Date 09/11/2024
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Support
Resistance 159.95
Support 158.25
Low 26.06
Low Date 03/18/2020
High 167.75
High Date 10/19/2023
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.