HESS CORP. - Daily - Technical analysis published on 10/15/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 65.18 USD
My targets
67.88 USD (+0.74%)
70.29 USD (+4.32%)
My analysis
The basic bullish trend is very strong on HESS CORP. 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 65.18 USD. Crossing the first resistance at 67.88 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 70.29 USD as an objective. Crossing it would then enable buyers to target 74.52 USD. Caution, a return to below 65.18 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.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
HESS CORP. rating 67.38 USD. The price has increased by +0.28% since the last closing and was between 66.80 USD and 67.60 USD. This implies that the price is at +0.87% from its lowest and at -0.33% from its highest.66.80
67.60
67.38
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 this Daily chart of HESS CORP. indicates that the overall trend is strongly bullish. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages show a weakening of the global trend. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
In fact, 15 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
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Bullish engulfing lines
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 59.63 | 61.95 | 65.18 | 67.38 | 67.88 | 70.29 | 74.52 |
| Change (%) | -11.50% | -8.06% | -3.27% | - | +0.74% | +4.32% | +10.60% |
| Change | -7.75 | -5.43 | -2.20 | - | +0.50 | +2.91 | +7.14 |
| Level | Intermediate | Intermediate | Major | - | Major | Major | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 63.80 | 64.63 | 65.91 | 66.73 | 68.01 | 68.84 | 70.12 |
| Camarilla | 66.61 | 66.80 | 67.00 | 67.19 | 67.38 | 67.58 | 67.77 |
| Woodie | 64.03 | 64.74 | 66.14 | 66.85 | 68.24 | 68.95 | 70.35 |
| Fibonacci | 64.63 | 65.43 | 65.93 | 66.73 | 67.54 | 68.03 | 68.84 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 56.50 | 58.95 | 62.86 | 65.31 | 69.22 | 71.67 | 75.58 |
| Camarilla | 65.02 | 65.60 | 66.19 | 66.77 | 67.35 | 67.94 | 68.52 |
| Woodie | 57.23 | 59.32 | 63.59 | 65.68 | 69.95 | 72.04 | 76.31 |
| Fibonacci | 58.95 | 61.38 | 62.88 | 65.31 | 67.74 | 69.24 | 71.67 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 44.79 | 52.16 | 56.32 | 63.69 | 67.85 | 75.22 | 79.38 |
| Camarilla | 57.31 | 58.37 | 59.42 | 60.48 | 61.54 | 62.59 | 63.65 |
| Woodie | 43.19 | 51.36 | 54.72 | 62.89 | 66.25 | 74.42 | 77.78 |
| Fibonacci | 52.16 | 56.56 | 59.29 | 63.69 | 68.09 | 70.82 | 75.22 |
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): | 63.15 | |
| MACD (12,26,9): | 0.8300 | |
| Directional Movement: | 9.16 | |
| AROON (14): | 42.85 | |
| DEMA (21): | 65.02 | |
| Parabolic SAR (0,02-0,02-0,2): | 59.79 | |
| Elder Ray (13): | 2.58 | |
| Super Trend (3,10): | 61.34 | |
| Zig ZAG (10): | 67.55 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 93.65 | |
| TEMA (21): | 65.50 | |
| Williams %R (14): | -3.49 | |
| Chande Momentum Oscillator (20): | 7.30 | |
| Repulse (5,40,3): | 3.9600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 4.10 |
| MA7: | 65.21 | |
| MA20: | 63.72 | |
| MA50: | 62.82 | |
| MA100: | 61.37 | |
| MAexp7: | 65.57 | |
| MAexp20: | 64.16 | |
| MAexp50: | 63.16 | |
| MAexp100: | 62.10 | |
| Price / MA7: | +3.33% | |
| Price / MA20: | +5.74% | |
| Price / MA50: | +7.26% | |
| Price / MA100: | +9.79% | |
| Price / MAexp7: | +2.76% | |
| Price / MAexp20: | +5.02% | |
| Price / MAexp50: | +6.68% | |
| Price / MAexp100: | +8.50% |
News
The latest news and videos published on HESS CORP. at the time of the analysis were as follows:
- Research Report Identifies Allete, Ares Capital, Pembina Pipeline, Veeco Instruments, Hess, and Newell Brands with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement
- Analysis: Positioning to Benefit within Hess Midstream Partners LP, Quanta Services, ServiceSource International, Meritor, Donegal Group, and GenMark Diagnostics — Research Highlights Growth, Revenue, and Consolidated Results
- New Research Coverage Highlights SP Plus, Hess Midstream Partners LP, Digital Turbine, Farmer Brothers, Children's Place, and Key Energy Services — Consolidated Revenues, Company Growth, and Expectations for 2018
- New Research: Key Drivers of Growth for Sigma Designs, The Bancorp, Inc., Primoris Services, PetMed Express, Hess Midstream Partners LP, and Park Electrochemical — Factors of Influence, Major Initiatives and Sustained Production
- New Research: Key Drivers of Growth for CNA Financial, AutoNation, Hess, Infinity Pharmaceuticals, Regulus Therapeutics, and Weyerhaeuser — Factors of Influence, Major Initiatives and Sustained Production
This member declared not having a position on this financial instrument or a related financial instrument.
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