Hershey Stock Technical Analysis

HSY -  USA Stock  

USD 200.35  1.19  0.60%

As of the 22nd of January, Hershey Foods retains the Downside Deviation of 0.9122, market risk adjusted performance of 0.5104, and Risk Adjusted Performance of 0.1669. Hershey Foods technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Hershey Foods Corp, which can be compared to its competitors. Please check out Hershey Foods Corp variance and potential upside to decide if Hershey Foods is priced fairly, providing market reflects its last-minute price of 200.35 per share. Given that Hershey Foods Corp has jensen alpha of 0.1858, we strongly advise you to confirm Hershey Foods Corp's regular market performance to make sure the company can sustain itself at a future point.

Hershey Technical Analysis 

 
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Hershey Foods Analyst Consensus

Target PriceAdvice# of Analysts
193.5Hold10Odds
Hershey Foods Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Hershey analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Hershey stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hershey Foods Corp, talking to its executives and customers, or listening to Hershey conference calls.
Hershey Analyst Advice Details
Hershey Foods technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Hershey Foods technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hershey Foods trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Hershey Foods Corp Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Hershey Foods Corp volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.

Hershey Foods Corp Trend Analysis

Use this graph to draw trend lines for Hershey Foods Corp. You can use it to identify possible trend reversals for Hershey Foods as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Hershey Foods price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Hershey Foods Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hershey Foods Corp applied against its price change over selected period. The best fit line has a slop of   0.46  , which may imply that Hershey Foods Corp will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 7989.82, which is the sum of squared deviations for the predicted Hershey Foods price change compared to its average price change.

About Hershey Foods Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Hershey Foods Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Hershey Foods Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hershey Foods Corp stock first instead of the macroeconomic environment surrounding Hershey Foods Corp. By analyzing Hershey Foods's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Hershey Foods's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Hershey Foods specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2019 2020 2021 (projected)
Long Term Debt to Equity2.031.831.65
Interest Coverage11.0711.9310.74

Hershey Foods January 22, 2022 Technical Indicators

Most technical analysis of Hershey help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Hershey from various momentum indicators to cycle indicators. When you analyze Hershey charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Hershey Foods January 22, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Hershey stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Please check Risk vs Return Analysis. Note that the Hershey Foods Corp information on this page should be used as a complementary analysis to other Hershey Foods' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Hershey Foods Corp price analysis, check to measure Hershey Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hershey Foods is operating at the current time. Most of Hershey Foods' value examination focuses on studying past and present price action to predict the probability of Hershey Foods' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Hershey Foods' price. Additionally, you may evaluate how the addition of Hershey Foods to your portfolios can decrease your overall portfolio volatility.
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Is Hershey Foods' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hershey Foods. If investors know Hershey will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hershey Foods listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Hershey Foods Corp is measured differently than its book value, which is the value of Hershey that is recorded on the company's balance sheet. Investors also form their own opinion of Hershey Foods' value that differs from its market value or its book value, called intrinsic value, which is Hershey Foods' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hershey Foods' market value can be influenced by many factors that don't directly affect Hershey Foods' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hershey Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine Hershey Foods value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hershey Foods' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.