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Integrated Oil & Gas Industry Stocks Technical Analysis - HESArchive - 5/2/2025 - Sign In to see current Signals. |
Hess Corporation (HES) Technical Analysis
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| Summary:
| | Weekly :   | | Daily : Move cursor over the icon to see details.
| | 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.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Energy |
2 |
Industry |
Integrated Oil & Gas |
32 |
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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 |
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Weekly 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 |
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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 |
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Quarterly Trend |
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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 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
26.06 |
Low Date |
03/18/2020 |
High |
167.75 |
High Date |
10/19/2023 |
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