Hess stock: buy or sell

HES stock price: $65.53 0.00% At close on Mar 1st, 2021

Updated on:
Mar 2nd, 2021

1

Hess stock brief

  • Hess stock scarcely changed 0.00% to close at $65.53 on the stock market on Monday.
  • The stock is configuring an uptrend pattern since October 2020, when it bottomed at $34.67. Up to date, price marked a 89.01% gain since the beginning of this rally
  • 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?

Currently, Hess stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $HES will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems

Should I sell Hess stock?

Knowing when to sell a stock is even harder than knowing when to buy it. Similarly to when we have to buy shares, deciding when is appropiate to sell is not a whimsy decision, and we must adhere our own trading style. When selling, as well as buying, our setups are very easy to follow and are only applicable for selling stocks you already own, not for shorting Hess stock

A guiding principle is that you should not keep a trade that yields greater losses than those expected by the time of purchase. The moment to sell shares always has to 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 hold Hess stock and your operation is in profit probably is not time to sell now

Hess ratings

We don't have any rating published in the last month for Hess

Hess stock analysis

Hess stock started an uptrend in October 2020, and grew a gorgeous 89.01%. The price shows higher peaks and higher troughs, and along the way gave some buying opportunities for those who wanted to enter. Latest low was in early February, when price bounced at $53.43. Like in all uptrends, price needs to rest and currently price is moving in a range between $70.50 and $53.43

SMAs overview

HES stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $65.64 (0.17% above)
  • R2: $65.91 (0.58% above)
  • R3: $65.99 (0.70% above)
  • The current supports are:

  • S1: $65.39 (-0.21% below)
  • S2: $65.16 (-0.56% below)
  • S3: $65.10 (-0.66% below)
  • Bollinger bands

    Since the price surpassed the upper band last Wednesday, the price corrected downwards by 7.05%

    HES stock Bollinger Bands chart

    Relative strength index

    The RSI dropped below the overbought level of 70 last Thursday after just crossing to the overbough zone for 1 day (weak signal). The RSI value on Monday was 60.24

    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 has risen by -, with an average of 0.00% per year. An investment of $1,000USD on the IPO would have a value of $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 share will be priced in the future. Banks and financial organisations post their analysis predicting how a stock will performance in the future.

    Along with buy or sell recommendations, financial institutions release their price predictions based on the stock price action and the company fundamental data. Most of these forecasts follow the publication of new fundamental data by the company, and usually. If you are a small trader you shouldn't buy or sell based on these projections.

    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 $-0.58 per share last January, uplifting the Market consensus estimate of $-0.66 per share. This Q4 report means an earnings surprise of 12.12%. Sales was $1.4 billion in contrast to $1.2 billion predicted by market consensus.

    In contrast, the EPS for the same quarter last year was $-0.60, so posted EPS means a gain of 3.33%. Turnover sank a -20.97% on an annualized basis in the , from $16.3B to $12.9B last quarter.

    Hess ($HES) is presenting quarterly earnings report next May. Analysts predict of $-0.08, that is a 86.21% more than previous quarter.

    Hess performance

    HES performance compared
    Company1m3m6m
    Hess ($HES) 18.20% 27.00% 41.70%

    Please read:
    The thoughts given in this post are personal and not recommendations for you to buy or sell stocks. The author of this article does not have any knowledge of the specific conditions of the reader, his or her own 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 provided for learning purposes only

    Hess summary

    Monday, March 1st, 2021
    Open$66.31
    Close$65.53
    Day range$65.08 - $67.25
    Previous close$65.53
    Session gain0.00%
    Average true range$3.67
    50d mov avg$58.88
    100d mov avg$51.25
    200d mov avg$49.44
    Earnings dateMay 6th, 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 4 weeks Read the article to get additional tips on trading HES stock.

    Will HES go up?

    There were no price targets issued by market analysts in the last 4 weeks for Hess.