|
Downtrend ExhaustionArchive - 4/25/2025 - Sign In to see current Signals. |
The Hershey Company (HSY) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the The Hershey Company (HSY). During the week, the HSY dropped -3.31 points, or -1.99%, and closed at 163.28 on Friday, April 25, 2025. Weekly volume was -50% 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 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 125.74 and resistance is at 193.93. 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 long-term trend.
Medium-term trend: [See HSY medium-term trend chart] A medium-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 4 weeks. The price is now at the 56.51% retracement level.
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. This is an indication that the medium-term trend is up. 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 April 7, 2025 at 157.10 and reached 171.50 on April 15, 2025. HSY gained -14.40 points, or -9.17%, in 8 days. The chart has formed a Symmetric Triangle chart pattern.
Daily Technical Indicators: [See HSY daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
| |
|
|