The Greedy Trader Weekly Analysis
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Uptrend Support

Uptrend Support stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Support stock alert indicates that price is near long-term support trendline and probability of short-term trend reversal is high. The strategy here is to take advantage of established uptrend price pullback and entering the long position just prior to the continuation of the trend. The strategy has relatively low risk.

Uptrend Support

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- 4/11/2025 -
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Hess Corporation (HES) Technical Analysis

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Summary:
Weekly :Weekly  MACD line has moved below its signal lineWilliams' Percentage Range is oversoldTrend support at 131.10
Daily :Broken trend resistance lineWilliams' Percentage Range and Lane's Stochastic are oversoldThe Bollinger Bands are historically far apart
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It was the negative week for the Hess Corporation (HES). During the week, the HES dropped -5.10 points, or -3.82%, and closed at 128.50 on Friday, April 11, 2025. Weekly volume was 47% above average.

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 118.86 and resistance is at 154.66. 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 (131.10) 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.

During the last week, weekly MACD line has moved below its signal line. Such crossover is considered a bearish signal. 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 Descending Triangle chart pattern. The downtrend resistance line (124.10) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a short-term trend.

Daily Technical Indicators: [See HES 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. Use the following link to access Lane's Stochastic help.

The daily MACD line is below its signal line since April 2, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current short-term downtrend is strong.

The distance between the Bollinger Bands (38.91%) is close to one year high (24.79%). It is 256.47% higher then one year average. It indicates the period of high volatility of the stock price, and it is considered a sell signal for the option traders. 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) 28.21
Williams' Percentage Range (W%R) 85.40
Oversold
Lane's Stochastic (%D-Slow) 18.03
Oversold
Greed/Fear Indicator (GFI) 20.29
Moving Average Converg./Diverg. (MACD) -4.17
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 42.19
Williams' Percentage Range (W%R) 85.40
Oversold
Lane's Stochastic (%D-Slow) 58.27
Greed/Fear Indicator (GFI) 39.22
Moving Average Converg./Diverg. (MACD) 1.32
Trading Signals
Description Value Chart
Upper Bollinger Band 167.91
Quarterly Trendline Resistance 154.66
50 Day Moving Average 145.83
20 Day Moving Average 143.95
Weekly Stochastic Crossing 142.96
Parabolic System 135.42
Monthly Trendline Support 131.10
Price 130.64
Daily Stochastic Crossing 127.32
Weekly Trendline Support 124.10
Quarterly Trendline Support 118.86
Weekly Trendline Resistance 118.31
Lower Bollinger Band 110.16
Sector and Industry
Description Name Rank
Sector Energy 6
Industry Integrated Oil & Gas 78
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 124.30
Low Date 04/11/2025
High 133.16
High Date 04/17/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Descending Triangle
Status Broken Resistance
Resistance 118.31
Support 124.10
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 163.51
Support 131.10
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 154.66
Support 118.86
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.