HAL Stock Forecast & Halliburton Company Chart Analysis
This article provides a detailed analysis of HAL-Halliburton Company stock including a forecast for HAL shares. It features Halliburton Company technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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HAL Historical Data Review
HAL Current Price Performance Analysis
The Halliburton Company - HAL stock traded on the American stock market, on 06-05-2024, closed at 33.48$ with a %-1.15 decreased compared to the previous day.
In the last month, the price of HAL changed by %-9.32 decreased in value, from 36.92 dollars on 05-06-2024 to 33.48 dollars, decreased.
Last year, the price of HAL was 31.23 dollars on 06-06-2023, and changed by %7.20 increased in value, to 33.48 dollars increased within a year.
The price of Halliburton Company stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
HAL with AI Stock Forecast & Price Target
On the HAL chart Halliburton Company price was recorded as 33.48 Dollars on 06/05/2024.
The artificial intelligence's forecast on HAL stock is as follows.
The artificial intelligence's prediction error margin for HAL stock is very high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Halliburton Company stock over the next 4 months is: 35.9 Dollars.
The commentary on HAL stock Target Price: Highest: 41.703 Dollars is predicted.
The commentary on HAL stock Target Price: Lowest: 29.617 Dollars is predicted.
Resistance Price where Halliburton Company stock will Rise and Fall:
Date | Price Prediction |
---|---|
06-20-2024 | 38.743 |
09-23-2024 | 33.102 |
01-06-2025 | 39.319 |
02-25-2025 | 41.703 |
Support Price where Halliburton Company stock will Fall and Rise:
Date | Price Prediction |
---|---|
08-19-2024 | 31.413 |
10-28-2024 | 29.617 |
01-16-2025 | 39.190 |
03-27-2025 | 39.971 |
The commentary on HAL stock: The target price can generally be said to be on the rise.
The commentary on HAL stock: Fluctuations in the target price can be expected in the coming days.
The target price for Halliburton Company stock by the end of 2024 is predicted to be 38.712 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on HAL stock, and the 2024 target price predictions for Halliburton Company are detailed above.
The technical analysis and charts for the commentary on HAL stock are below.
HAL Support & Resistance and Trend Analysis
HAL stock you have reviewed the technical analysis support resistance charts regarding.
HAL : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the HAL review, the Halliburton Company support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Halliburton Company Support and Resistance Prices:
HAL Support Level Price | HAL Resistance Level Price |
---|---|
32.84 | 36.37 |
33.79 | 36.77 |
34.00 | 37.86 |
34.50 | 38.35 |
34.62 | 38.58 |
36.10 | 39.37 |
36.47 | 39.41 |
41.56 |
HAL Technical Analysis: SMA, RSI, MACD
Upon reviewing the HAL chart, buy and sell signals have been generated in the Halliburton Company technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for HAL stock are as follows:- HAL technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Halliburton Company gave a 'Buy' signal when the RSI was at 26.194, with the current RSI value at 25.567.
- The technical analysis for Halliburton Company indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Halliburton Company stock: Click here to read more predictions on Dollar General Corporation stock.
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