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Packaged Foods & Meats Industry Stocks Technical Analysis - HSYArchive
- 3/21/2025 -
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The Hershey Company (HSY) Technical Analysis
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| Summary:
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| | It was the negative week for the The Hershey Company (HSY). During the week, the HSY dropped -3.00 points, or -1.76%, and closed at 167.20 on Friday, March 21, 2025. Weekly volume was -6% below average.
HSY is a member of Consumer Staples Sector. Consumer Staples is the most overbought 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 HSY long-term trend chart]
A long-term downtrend had started on May 1, 2023 at 276.88 and reached 140.10 on February 5, 2025. HSY lost 136.78 points, or 49.40%, in 92 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend support line (185.24) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. 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 HSY medium-term trend chart]
A medium-term downtrend had started on May 14, 2024 at 211.92 and reached 140.10 on February 5, 2025. HSY lost 71.82 points, or 33.89%, in 38 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 132.01 and resistance is at 195.75. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a medium-term trend.
 Weekly Technical Indicators: [See HSY weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since February 21, 2025. Use the following link to access a MACD help.
 Short-term trend: [See HSY short-term trend chart]
A short-term uptrend had started on February 5, 2025 at 140.10 and reached 193.40 on March 10, 2025. HSY gained -53.30 points, or -38.04%, in 33 days. The chart has formed a Rising Channel chart pattern. The uptrend support line (201.85) 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. HSY 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 short-term trend.
 Daily Technical Indicators: [See HSY daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold 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 below its signal line since March 12, 2025.
 Candlestick pattern: [See HSY candlestick chart pattern]
On Friday the chart has formed a Bullish Piercing Line Candlestick pattern. This pattern suggests bulls have begun to take charge of the market, and shorts have been shaken by the sudden lost of bearish momentum. The reliability of the Bullish Piercing Line pattern is moderate. Use the Technical Stock Screener to see the list of stocks that had a Bullish Piercing Line Candlestick pattern during the last week.
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