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Integrated Oil & Gas Industry Stocks Technical Analysis - HESArchive - 6/20/2025 - Sign In to see current Signals. |
Hess Corporation (HES) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a fourth consecutive positive week for the Hess Corporation (HES). During the week, the HES gained 2.20 points, or 1.55%, and closed at 144.46 on Friday, June 20, 2025. Weekly volume was 24% 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 117.31 and resistance is at 153.11. 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 Right-Angled, Ascending Wedge chart pattern. The trend support level is at 125.45 and resistance is at 169.49. A Broadening Ascending 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 Right-Angled, Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Right-Angled, Ascending Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See HES weekly technical indicators chart] Weekly technical indicators are neutral. During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 April 11, 2025 at 124.30 and reached 145.64 on June 18, 2025. HES gained -21.34 points, or -17.17%, in 68 days. The chart has formed a Broadening Ascending Wedge chart pattern.
Daily Technical Indicators: [See HES daily technical indicators chart] Daily Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index, 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, Relative Strength Index and Williams' Percentage Range help. The daily MACD line is above its signal line since April 24, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
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