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Integrated Oil & Gas Industry Stocks Technical Analysis - HES

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- 5/2/2025 -
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Hess Corporation (HES) Technical Analysis

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Summary:
Weekly :Oversold sectorWilliams' Percentage Range is oversoldTrend support at 131.58
Daily :
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It was the negative week for the Hess Corporation (HES). During the week, the HES gave back -0.03 points, or -0.02%, and closed at 132.31 on Friday, May 2, 2025. Weekly volume was 8% above average.

HES is a member of Energy Sector. Energy is the second most oversold sector. 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 HES long-term trend chart]
A long-term downtrend had started on October 19, 2023 at 167.75 and reached 123.79 on September 11, 2024. HES lost 43.96 points, or 26.21%, in 46 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 118.50 and resistance is at 154.30. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern 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 161.70 on March 31, 2025. HES gained -37.91 points, or -30.62%, in 28 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (131.58) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a medium-term trend.

Weekly Technical Indicators: [See HES weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. 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 link to access Williams' Percentage Range help.

The weekly MACD line is below its signal line since April 4, 2025. The distance between MACD and the signal line is relatively high and getting bigger. Use the following link to access a MACD help.

Short-term trend: [See HES short-term trend chart]
A short-term downtrend had started on March 31, 2025 at 161.70 and reached 124.30 on April 11, 2025. HES lost 37.40 points, or 23.13%, in 11 days. The chart has formed a Rectangle chart pattern. The trend support level is at 125.40 and resistance is at 134.83. A rectangle chart pattern is characterized as a short-term horizontal channel and represents a trading range and indecision area that is usually resolves in the direction of the main trend. Chart analysis usually considers a rectangle pattern a continuation formation, but it can also mark significant top and bottom. A rectangle pattern within younger parent trend has more chances to mark a continuation. Use the following link to access a Rectangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rectangle pattern in a short-term trend.

Daily Technical Indicators: [See HES daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since April 24, 2025. The distance between MACD and the signal line is low, but getting bigger.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 57.50
Williams' Percentage Range (W%R) 64.40
Lane's Stochastic (%D-Slow) 68.07
Greed/Fear Indicator (GFI) 53.74
Moving Average Converg./Diverg. (MACD) -4.38
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 40.09
Williams' Percentage Range (W%R) 80.40
Oversold
Lane's Stochastic (%D-Slow) 28.32
Greed/Fear Indicator (GFI) 31.48
Moving Average Converg./Diverg. (MACD) 0.48
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 154.30
50 Day Moving Average 142.74
Upper Bollinger Band 139.79
Weekly Trendline Resistance 134.83
Price 132.31
Daily Stochastic Crossing 131.65
Monthly Trendline Support 131.58
20 Day Moving Average 130.40
Weekly Stochastic Crossing 129.76
Lower Bollinger Band 128.50
Parabolic System 127.02
Weekly Trendline Support 125.40
Quarterly Trendline Support 118.50
Sector and Industry
Description Name Rank
Sector Energy 2
Industry Integrated Oil & Gas 32
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Low 124.30
Low Date 04/11/2025
High 134.40
High Date 04/28/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Rectangle
Status Valid
Resistance 134.83
Support 125.40
High 161.70
High Date 03/31/2025
Low 124.30
Low Date 04/11/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Support
Resistance 164.90
Support 131.58
Low 123.79
Low Date 09/11/2024
High 161.70
High Date 03/31/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 154.30
Support 118.50
High 167.75
High Date 10/19/2023
Low 123.79
Low Date 09/11/2024
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
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.