HSY Stock Forecast & The Hershey Company Chart Analysis
This article provides a detailed analysis of HSY-The Hershey Company stock including a forecast for HSY shares. It features The Hershey 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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HSY Historical Data Review
HSY Current Price Performance Analysis
The The Hershey Company - HSY stock traded on the American stock market, on 06-05-2024, closed at 198.36$ with a %-0.85 decreased compared to the previous day.
In the last month, the price of HSY changed by %0.95 increased in value, from 196.49 dollars on 05-06-2024 to 198.36 dollars, increased.
Last year, the price of HSY was 255.29 dollars on 06-06-2023, and changed by %-22.30 decreased in value, to 198.36 dollars decreased within a year.
The price of The Hershey Company stock is riding high above the 50-day and 100-day moving averages. This means it's on a positive run for now, great news for those who got in early. But let's not take our eyes off the ball; no stock climbs forever.
HSY with AI Stock Forecast & Price Target
On the HSY chart The Hershey Company price was recorded as 198.36 Dollars on 06/05/2024.
The artificial intelligence's forecast on HSY stock is as follows.
The artificial intelligence's prediction error margin for HSY stock is moderately 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 The Hershey Company stock over the next 4 months is: 163.6 Dollars.
The commentary on HSY stock Target Price: Highest: 197.588 Dollars is predicted.
The commentary on HSY stock Target Price: Lowest: 117.963 Dollars is predicted.
Resistance Price where The Hershey Company stock will Rise and Fall:
Date | Price Prediction |
---|---|
09-23-2024 | 185.705 |
Support Price where The Hershey Company stock will Fall and Rise:
Date | Price Prediction |
---|---|
08-29-2024 | 184.342 |
The commentary on HSY stock: The target price can generally be said to be on the decline.
The commentary on HSY stock: Fluctuations in the target price can be expected in the coming days.
The target price for The Hershey Company stock by the end of 2024 is predicted to be 155.211 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on HSY stock, and the 2024 target price predictions for The Hershey Company are detailed above.
The technical analysis and charts for the commentary on HSY stock are below.
HSY Support & Resistance and Trend Analysis
HSY stock you have reviewed the technical analysis support resistance charts regarding.
HSY : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the HSY review, the The Hershey 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.
The Hershey Company Support and Resistance Prices:
HSY Support Level Price | HSY Resistance Level Price |
---|---|
178.82 | 192.49 |
180.44 | 192.74 |
181.16 | 194.71 |
181.47 | 195.65 |
184.19 | 199.21 |
184.58 | 199.91 |
185.45 | 201.22 |
187.33 | 204.19 |
188.81 | 209.68 |
189.11 | 211.92 |
HSY Technical Analysis: SMA, RSI, MACD
Upon reviewing the HSY chart, buy and sell signals have been generated in the The Hershey 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 HSY stock are as follows:- HSY technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for The Hershey Company gave a 'Buy' signal when the RSI was at 29.109, with the current RSI value at 39.184.
- The technical analysis for The Hershey 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 The Hershey Company stock: Click here to read more predictions on Ameriprise Financial stock.
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