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Downtrend ExhaustionArchive
- 1/17/2025 -
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The Hershey Company (HSY) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
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| | It was the negative week for the The Hershey Company (HSY). During the week, the HSY dropped -5.30 points, or -3.35%, and closed at 152.90 on Friday, January 17, 2025. Weekly volume was 42% above average.
HSY is a member of Consumer Staples Sector. Consumer Staples is the 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 HSY long-term trend chart]
A long-term downtrend had started on May 1, 2023 at 276.88 and reached 150.30 on January 15, 2025. HSY lost 126.58 points, or 45.72%, in 89 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend support line (184.36) is broken, while daily and weekly technical indicators are oversold. Downtrend is exhausted and trend reversal is possible soon. 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 September 10, 2024 at 205.77 and reached 150.30 on January 15, 2025. HSY lost 55.47 points, or 26.96%, in 18 weeks. Price is near the trend low.
 Weekly Technical Indicators: [See HSY weekly technical indicators chart]
Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 below its signal line since October 4, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term downtrend is strong. Use the following link to access a MACD help.
Short-term trend: [See HSY short-term trend chart]
A short-term downtrend had started on December 9, 2024 at 205.76 and reached 150.30 on January 15, 2025. HSY lost 55.46 points, or 26.95%, in 37 days. Price is near the trend low.
 Daily Technical Indicators: [See HSY daily technical indicators chart]
Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Daily Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bullish divergence. Use the following link to access Relative Strength Index help.
The daily MACD line is below its signal line since December 17, 2024. This is an indication that the short-term trend is down.
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