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Next Resistance Level for Halliburton Co (HAL) is $53.64

By Nick Russo

Shares of Halliburton Co (NYSE:HAL) have bullishly opened above the pivot of $52.82 today and have reached the first resistance level of $53.30. Investors may be interested in a cross of the next upside pivot targets of $53.64 and $54.45.

There is potential upside of 0.0% for shares of Halliburton Co based on a current price of $0.00 and an average consensus analyst price target of $60.37. Halliburton Co shares should first meet resistance at the 200-day moving average (MA) of $36.57 and find additional resistance at the 50-day MA of $36.84.

In the past 52 weeks, Halliburton Co share prices have been bracketed by a current low of $0.00 and a high of $58.78 and are now at $0.00. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.9%.

SmarTrend recommended that subscribers consider buying shares of Halliburton Co on April 10th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $48.42. Since that recommendation, shares of Halliburton Co have risen 9.4%. We continue to monitor HAL for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: pivot alerts halliburton co

Ticker(s): HAL