HFC closes higher for the 2nd day in a row


Hollyfrontier Corp (HFC) Technical Analysis Report for May 17, 2018 [< 1 min read]
Highlights
HFC rallies 5.03% closing $3.47 higher
HFC dominated by bulls lifting the market higher throughout the day
HFC closes higher for the 2nd day in a row
HFC ends the day on a bullish note closing near the high of the day
HFC pushes through previous session high
TQ Sentiment
Report Sentiment: 66% Bullish
Technical Forecast:
Overview

Moving higher for the 2nd day in a row, HFC ended Thursday at 72.43 surging $3.47 (5.03%). This is the biggest single day gain in over two weeks. Today's closing price of 72.43 marks the highest close since Inception. The bulls were in full control today, moving the market higher throughout the whole session. Closing above Wednesday's high at 69.49, the stock confirms its breakout through the prior session's high having traded $3.29 above it intraday. Ending with a strong close near the high of the day sets a bullish note for the next session.

Daily chart for HFC
Volatility

Thursday's trading range was $3.20 (4.6%), that's far above last trading month's daily average range of $1.83. Weekly volatility is also higher, being above the markets average with the monthly volatility being slightly above average.

Trend

The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.

Conclusion

Both sentiments, the classical technical analysis and our quantitative statistics are in perfect alignment today showing a bullish sentiment for the next trading day.

Market Conditions for Hollyfrontier Corp
Condition Forecast Direction Win Avg Worst Best Events
Southern Doji TQ Pro Members Only
Low close to previous low TQ Pro Members Only
Close to Swing High TQ Pro Members Only
Doji TQ Pro Members Only
Close to Swing Low TQ Pro Members Only
More market conditions identified for TQ Pro members...
Learn more about TQ Pro
Latest Report:

HFC finds buyers again around 68.57

Aug 14, 2018
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Hollyfrontier Corp traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Signup
Stocks Top Movers
NKY 22,356.08498.65 2.28%
NATGAS 2.9550.029 0.99%
ASX 6,299.6047.40 0.76%
SPX 2,841.7619.83 0.70%
NDX 7,449.8648.69 0.66%
CAC 5,403.41-8.91 -0.16%
TBOND 143.875-0.344 -0.24%
GBPUSD 1.2722-0.0043 -0.34%
FTSE 7,611.64-30.86 -0.40%
EURUSD 1.1344-0.0065 -0.57%
Start your day with the facts moving the markets
By clicking "Subscribe", you agree to our terms and privacy policy.

Related Stocks

ABBV 10 day candlestick chart for ABBV96.14 -0.64
-0.66%
ACN 10 day candlestick chart for ACN161.24 1.01
0.63%
ADBE 10 day candlestick chart for ADBE256.05 2.51
0.99%
AAP 10 day candlestick chart for AAP154.80 9.96
6.88%
AES 10 day candlestick chart for AES13.52 0.14
1.05%
AET 10 day candlestick chart for AET197.11 2.40
1.23%
AFL 10 day candlestick chart for AFL46.51 0.21
0.45%
AMG 10 day candlestick chart for AMG147.35 0.95
0.65%
A 10 day candlestick chart for A66.99 1.05
1.59%
ABT 10 day candlestick chart for ABT63.74 0.31
0.49%