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Hess Corp (HES) Crosses Pivot Point Resistance at $61.01

By Nick Russo

Hess Corp (NYSE:HES) has opened bullishly above the pivot of $60.40 today and has reached the first level of resistance at $61.01. Should the shares continue to rise, the resistance pivots of $61.54 and $62.68 will be of interest.

Over the past year, Hess Corphas traded in a range of $0.00 to $65.89 and are now at $0.00. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.1%.

Hess Corp (NYSE:HES) has potential upside of 0.0% based on a current price of $0.00 and analysts' consensus price target of $60.17. The stock should find initial resistance at its 200-day moving average (MA) of $49.56 and further resistance at its 50-day MA of $59.35.

SmarTrend is tracking the current trend status for Hess Corp and will alert subscribers who have HES in their portfolio or watchlist when shares have changed trend direction.

Keywords: pivot alerts hess corp

Ticker(s): HES