Halliburton Co (HAL) Price

The P/E ratio of Halliburton Co is 7.5016

Mr. Jeffrey Miller is the Chairman of the Board of Halliburton Co, joining the firm since 2012.

The current price of HAL is $22.39, it has increased 0.13% in the last trading day.

Halliburton Co belongs to Energy industry and the sector is Energy

Halliburton Co's current market cap is $19.0B

According to wall street analysts, 26 analysts have made analyst ratings for Halliburton Co, including 7 strong buy, 14 buy, 10 hold, 0 sell, and 7 strong sell

Moving? Bro, it's chopping sideways like a crab with commitment issues. Halliburton is currently caught in a tight range, pinned down by negative sector news and general market underperformance, while being propped up by strong analyst "Buy" ratings. The technicals are screaming "neutral," meaning there's no single big catalyst driving a major move today—just noise.

Let's break down the lack of real action for HAL.

• The Technical Picture: Stuck in the Mud The daily chart tells the story here. HAL is currently trading below its 200-day moving average ($23.67), which is a long-term bearish signal for the big-brain chartists . However, it's finding some footing above its 50-day MA ($21.86) . This squeeze between major moving averages is a classic sign of indecision.

  • Key Levels: The price is bouncing between a support level at $21.40 and a resistance level at $24.20 . Today's minor dip is just movement within this established channel.
  • Indicators: The daily RSI is sitting at a neutral 52.58, and the MACD is showing a weak, barely-there bearish signal . The overall technical analysis from multiple indicators confirms a "neutral" stance, meaning the stock lacks a strong directional trend right now .

• The Narrative: A Mixed Bag of FUD and Hopium There's a tug-of-war between the news and analyst sentiment.

  • The Bad: Recent headlines are pretty clear that HAL has been underperforming both the S&P 500 and its direct competitors . On top of that, there's broader sector news about major U.S. oil companies cutting jobs, which spooks investors and signals potential weakness ahead .
  • The Good (sort of): Despite the sad price action, 26 Wall Street analysts maintain a "BUY" consensus, with a mean price target of $26.96 . This shows that the "smart money" expects a recovery, but their timing is anyone's guess. They've been holding this view for a while as the stock has bled, so take it with a grain of salt.

• Social Sentiment: Politicians Are Paper-Handing Looking at congressional trades, we saw a mix of buying and selling earlier this year from folks like Rep. Lisa McClain and Rep. Rob Bresnahan, but nothing recent enough to explain today's move . It's mostly noise showing even politicians were undecided months ago.

Actionable Alpha:

The play here is patience, anon. Don't get chopped up trading a 1% move.

• Bullish Trigger: A decisive break and hold above the $24.20 resistance and the 200-day MA would be your signal that the uptrend might resume, putting those juicy analyst targets back in play.
• Bearish Trigger: A fall below the $21.40 support could send the price tumbling toward the next major support level around $18.72 .

Honestly, trying to predict the next wiggle in this range is a great way to slowly bleed your account. Set some price alerts for the key levels on the Edgen Radar dashboard and find a more volatile chart to stare at.