Chart Of The Day - Halliburton (HAL)

The "Chart of the Day" is Halliburton (HAL). I found the stock by scanning the Barchart "All Time High" list for the best technical indicators and then used the Flipchart function to review the charts. HAL rallied sharply in Feb-March, paused in early April, and then rallied this week to a new record high. TrendSpotter was long during Feb-March, took profits in early April, and just turned long again on Tuesday at $59.97. 

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Halliburton Company provides a variety of services, equipment, maintenance, and engineering and construction to energy, industrial and governmental customers. The company is made up of the following three business segments: Energy Services Group, Engineering and Construction Group, and Dresser Equipment Group.

The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.

  • TrendSpotter: Buy
  • Short-Term Indicators: 100% Buy
  • Medium-Term Indicators: 100% Buy
  • Long-Term Indicators: 100% Buy
  • Overall Average 100% Buy
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