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Technical Analysis
- 7/31/2009 1:14:56 PM
By Chip Brian, SmarTrend Analytics Team
Hess (NYSE:HES) is trading 0.9% higher (up $0.47 to $54.57) today on volume of 1,557,713 shares. The stock has traded within a 52-week range of $35.50 and $110.00.
Hess should find initial resistance at its 200-day moving average of $54.74 and further resistance at its 50-day moving average of $55.25.
SmarTrend is bullish on shares of HES and our subscribers received an Uptrend alert on July 20, 2009 at $51.45, which has returned 6.1% to date.
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