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Weekly MACD Divergence: | Bearish |
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Number of records: 2 |
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Advanced TA SearchArchive - 4/19/2024 - 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 first positive week for the Hess Corporation (HES). During the week, the HES climbed 1.14 points, or 0.74%, and closed at 154.35 on Friday, April 19, 2024. Weekly volume was -36% 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 146.21 and resistance is at 184.81. 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 (145.34) 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 Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly 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 link to access Lane's Stochastic 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 159.24 on April 12, 2024. HES gained -23.60 points, or -17.40%, in 85 days. The chart has formed a Rising Channel chart pattern. The trend support level is at 149.52 and resistance is at 160.02. 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 Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Lane's Stochastic. The daily MACD line is below its signal line since April 11, 2024. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Energy |
12 |
Industry |
Integrated Oil & Gas |
121 |
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Daily Trend |
Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Low |
142.74 |
Low Date |
03/06/2024 |
High |
159.24 |
High Date |
04/12/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Channel |
Status |
Valid |
Resistance |
160.02 |
Support |
149.52 |
Low |
135.64 |
Low Date |
01/18/2024 |
High |
159.24 |
High Date |
04/12/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Wedge |
Status |
Broken Resistance |
Resistance |
152.11 |
Support |
148.31 |
Low |
131.70 |
Low Date |
12/08/2023 |
High |
159.24 |
High Date |
04/12/2024 |
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Quarterly Trend |
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Description |
Value |
Direction |
Down |
Chart Pattern |
Symmetric Triangle |
Status |
Broken Resistance |
Resistance |
124.84 |
Support |
145.34 |
High |
167.75 |
High Date |
10/19/2023 |
Low |
131.70 |
Low Date |
12/08/2023 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Rising Channel |
Status |
Valid |
Resistance |
184.81 |
Support |
146.21 |
Low |
26.06 |
Low Date |
03/18/2020 |
High |
167.75 |
High Date |
10/19/2023 |
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