Hess stock: buy or sell

HES stock price: $84.33 6.13% At close on May 14th, 2021

Updated on:
May 17th, 2021

1

Hess stock brief

  • Hess closed last Friday at $84.33 after skyrocketing a 6.13% breaking a streak of 3 sessions in negative.
  • Hess Corporation, an exploration and production company, explores, develops, produces, purchases, transports, and sells crude oil, natural gas liquids (NGLs), and natural gas.

Should I buy Hess stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $HES stock a buy?

In the current situation of Hess there is not any eligible buy setup. This doesn't mean we expect a selloff for $HES in the next few days, or that it may not climb higher. Simply, it doesn't match our recommended trading systems

Should I sell Hess stock?

When you are a novel trader and you own a stock with some profit, it's really hard to decide the correct moment to sell and get your profits. As when we have to buy shares, choosing when is appropiate time to sell is not a fickle decision, and we must use our own trading strategy. When selling, as well as buying, detailed strategies are very easy to follow but are only applicable for selling shares in your porfolio, not for selling short $HES stock

A golden rule is that you should never hold an operation that shows a losses greater than those expected upon the buy. The moment to sell your stock should always be dictated by the stop-loss (automatic or manual)

Is it time to sell Hess stock?

Currently, Hess stock doesn't match any of our preferred sell setups, so if you own Hess shares and your operation is in profit probably is not time to sell now

Hess ratings

In the last month we couldn't find any rating for Hess

Hess stock analysis

SMAs overview

HES stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $85.52 (1.41% above)
  • R2: $85.62 (1.53% above)
  • R3: $87.07 (3.25% above)
  • The current supports are:

  • S1: $83.50 (-0.98% below)
  • S2: $79.46 (-5.77% below)
  • S3: $76.53 (-9.25% below)
  • Bollinger bands

    The price is trading very close to the upper Bollinger band, signaling some level of overbought in recent sessions. This is not a bearish indicator, as price can move in these levels for many days and weeks

    HES stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 last Tuesday after just crossing to the overbough zone for 1 day (weak signal). The RSI value last Friday was 69.17. Hess stock went up a 2.14% since that level was lost

    HES stock RSI chart

    Hess stock price history

    Hess started trading priced at an adjusted price1 of $0.00 on Mar 1980. Since then, HES stock surged by -, with an average of 0.00% per year. If you had invested thousand dollars in Hess stock at that time, it would worth $inf today.

    1: Adjusted price after possible price splits or reverse-splits

    HES stock price history chart

    Price target for Hess stock

    Nobody can predict how much a stock will be priced in the future. Banks and financial organisations issue their analysis forecasting how a particular stock will performance in the future.

    The following table shows the price forecasts published by financial institutions over the last 30 days. If you are a small investor you should not trade based on these predictions.

    In the previous 30 days we couldn't find any price target published for Hess stock.

    Earnings and financials

    Hess Corporation ($HES) came out with quarterly earnings of $0.82 per share in late April, highly beating the Market consensus estimate of $0.29 per share. This quarterly report means an earnings surprise of 182.76%. Forecasted revenue was $1.5 billion but Hess highly surpassed by 26.25%, reporting $1.9 billion.

    By comparison, the EPS for the same quarter last year was $-0.60, so reported EPS is a improvement of 236.67%. Looking at sales, figures skyrocketed a 41.84% compared to $13.1B same quarter a year ago.

    Hess ($HES) is presenting financial report next July. Estimated for this quarter is $0.17, compared to $0.82 that was reported for Q1.

    Hess performance

    HES performance compared
    Company1m3m6m
    Hess ($HES) 18.80% 38.10% 94.30%

    Important note:
    The thoughts expressed in this article are personal and should not be followed as recommendations for you to buy or sell shares. The author of this article does not have an understanding of the specific conditions of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are published for general educational motives only

    Hess summary

    Friday, May 14th, 2021
    Open$80.74
    Close$84.33
    Day range$80.74 - $84.5
    Previous close$79.46
    Session gain6.13%
    Average true range$4.11
    50d mov avg$72.69
    100d mov avg$66.02
    200d mov avg$55.47
    Earnings dateJuly 28th, 2021

    Frequently asked questions

    What is Hess stock symbol?

    Hess Corporation is a public company trading in the US stock market with the HES symbol

    Is Hess stock a buy or sell?

    Hess had no ratings in the last 30 days Read the article to get additional tips on trading HES stock.

    Will HES go up?

    There were no predictions posted by analysts in the last 30 days for Hess.