HESS MIDSTREAM LP CLASS A - Daily - Technical analysis published on 12/06/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 19.56 USD
My targets
20.94 USD (+1.55%)
21.55 USD (+4.51%)
My analysis
The basic bullish trend is very strong on HESS MIDSTREAM PARTNERS LP but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 19.56 USD. Crossing the first resistance at 20.94 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 21.55 USD as an objective. Crossing it would then enable buyers to target 22.33 USD. Caution, a return to below 19.56 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
6.8
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HESS MIDSTREAM PARTNERS LP rating is 20.62 USD. The price registered an increase of +0.54% on the session and was between 20.42 USD and 20.65 USD. This implies that the price is at +0.98% from its lowest and at -0.15% from its highest.20.42
20.65
20.62
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of HESS MIDSTREAM PARTNERS LP in Daily shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, 10 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 17.97 | 18.60 | 19.56 | 20.62 | 20.94 | 21.55 | 22.33 |
| Change (%) | -12.85% | -9.80% | -5.14% | - | +1.55% | +4.51% | +8.29% |
| Change | -2.65 | -2.02 | -1.06 | - | +0.32 | +0.93 | +1.71 |
| Level | Minor | Major | Major | - | Major | Major | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 19.84 | 19.99 | 20.25 | 20.40 | 20.66 | 20.81 | 21.07 |
| Camarilla | 20.40 | 20.44 | 20.47 | 20.51 | 20.55 | 20.59 | 20.62 |
| Woodie | 19.90 | 20.02 | 20.31 | 20.43 | 20.71 | 20.84 | 21.12 |
| Fibonacci | 19.99 | 20.15 | 20.24 | 20.40 | 20.56 | 20.65 | 20.81 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 20.03 | 20.22 | 20.34 | 20.53 | 20.65 | 20.84 | 20.96 |
| Camarilla | 20.39 | 20.41 | 20.44 | 20.47 | 20.50 | 20.53 | 20.56 |
| Woodie | 20.01 | 20.20 | 20.32 | 20.51 | 20.63 | 20.82 | 20.94 |
| Fibonacci | 20.22 | 20.34 | 20.41 | 20.53 | 20.65 | 20.72 | 20.84 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 17.66 | 18.64 | 19.55 | 20.53 | 21.44 | 22.42 | 23.33 |
| Camarilla | 19.95 | 20.12 | 20.30 | 20.47 | 20.64 | 20.82 | 20.99 |
| Woodie | 17.64 | 18.62 | 19.53 | 20.51 | 21.42 | 22.40 | 23.31 |
| Fibonacci | 18.64 | 19.36 | 19.81 | 20.53 | 21.25 | 21.70 | 22.42 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 53.59 | |
| MACD (12,26,9): | 0.0000 | |
| Directional Movement: | -4.37 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 20.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 19.95 | |
| Elder Ray (13): | 0.09 | |
| Super Trend (3,10): | 19.66 | |
| Zig ZAG (10): | 20.62 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 73.01 | |
| TEMA (21): | 20.34 | |
| Williams %R (14): | -8.18 | |
| Chande Momentum Oscillator (20): | 0.67 | |
| Repulse (5,40,3): | 2.4400 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0100 | |
| Courbe Coppock: | 1.25 |
| MA7: | 20.45 | |
| MA20: | 20.47 | |
| MA50: | 20.35 | |
| MA100: | 19.59 | |
| MAexp7: | 20.46 | |
| MAexp20: | 20.46 | |
| MAexp50: | 20.26 | |
| MAexp100: | 19.92 | |
| Price / MA7: | +0.83% | |
| Price / MA20: | +0.73% | |
| Price / MA50: | +1.33% | |
| Price / MA100: | +5.26% | |
| Price / MAexp7: | +0.78% | |
| Price / MAexp20: | +0.78% | |
| Price / MAexp50: | +1.78% | |
| Price / MAexp100: | +3.51% |
This member declared not having a position on this financial instrument or a related financial instrument.
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