| TA Search |
|
| Candlesticks Name: | Bearish Dark Cloud Cover |
|
| Number of records: 6 |
|
|
|
Advanced TA SearchArchive
- 5/10/2024 -
Sign In to see current Signals. |
Hess Corporation (HES) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week for the Hess Corporation (HES). During the week, the HES climbed 1.54 points, or 0.97%, and closed at 160.40 on Friday, May 10, 2024. Weekly volume was -7% below average.
HES is a member of Energy Sector. Energy 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 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 Rising Channel chart pattern. The trend support level is at 148.11 and resistance is at 186.71. A Rising 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 Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.
 Medium-term trend: [See HES medium-term trend chart]
A medium-term downtrend had started on October 19, 2023 at 167.75 and reached 131.70 on December 8, 2023. HES lost 36.05 points, or 21.49%, in 7 weeks. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (147.61) 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 medium-term trend.
 Weekly Technical Indicators: [See HES weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. 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 weekly MACD line is above its signal line since February 16, 2024. 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 January 18, 2024 at 135.64 and reached 163.98 on April 29, 2024. HES gained -28.34 points, or -20.89%, in 102 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 154.06 and resistance is at 164.73. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel 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 below its signal line since May 2, 2024. The distance between MACD and the signal line is low, but getting bigger.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Energy |
11 |
| Industry |
Integrated Oil & Gas |
115 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Low |
142.74 |
| Low Date |
03/06/2024 |
| High |
163.98 |
| High Date |
04/29/2024 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Valid |
| Resistance |
164.73 |
| Support |
154.06 |
| Low |
135.64 |
| Low Date |
01/18/2024 |
| High |
163.98 |
| High Date |
04/29/2024 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Wedge |
| Status |
Broken Resistance |
| Resistance |
152.57 |
| Support |
151.13 |
| Low |
131.70 |
| Low Date |
12/08/2023 |
| High |
163.98 |
| High Date |
04/29/2024 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Symmetric Triangle |
| Status |
Broken Resistance |
| Resistance |
119.69 |
| Support |
147.61 |
| High |
167.75 |
| High Date |
10/19/2023 |
| Low |
131.70 |
| Low Date |
12/08/2023 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Rising Channel |
| Status |
Valid |
| Resistance |
186.71 |
| Support |
148.11 |
| Low |
26.06 |
| Low Date |
03/18/2020 |
| High |
167.75 |
| High Date |
10/19/2023 |
|
|