The Hourly View for HSC
At the moment, HSC (Get Ratings)’s price is down $-0.06 (-0.36%) from the hour prior. HSC has seen its price go down 4 out of the past 5 hours, thus creating some compelling opportunities for bears. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
HSC ranks 281st in terms of today’s price percentage change out of Business Services stocks.
HSC’s Technical Outlook on the Daily Chart
Currently, HSC’s price is down $-0.18 (-1.09%) from the day prior. The daily chart shows that HSC has seen 2 straight down days. As for the trend on the daily timeframe, we see the clearest trend on the 50 day timeframe. Most noteworthy in the world of moving averages on the daily chart is that the 20 day moving average has been crossed, with price now being below it. The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. Harsco Corp’s price action over the past 90 days can be seen via the chart below.
HSC: Daily RSI Analysis
For HSC News Traders
News traders keeping an eye on HSC may find value in this recent story:
SteelPhalt opens new asphalt plants in Cardiff, Wales, and Rotherham, England.Asphalt products produced by SteelPhalt performs better than conventional asphalt products while having a carbon footprint that is 40-percent less. CAMP HILL, Pa., Oct. 18, 2021 (GLOBE NEWSWIRE) — Harsco Corporation (NYSE: HSC), a global market leader providing environmental solutions for industrial and specialty by-products, announced today that its Harsco Environmental division opened two new SteelPhalt asphalt plan
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