The best indicator for Halliburton (HAL)
We backtested 20 indicators across daily, weekly and hourly charts on real Halliburton (HAL) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
EMA 20/50 Cross
On the daily chart, this is the strongest risk-adjusted edge we found for Halliburton (HAL) over ~54.0 years — beating buy-and-hold by 2.3% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | EMA 20/50 Cross ✓ | Daily | 8.9% | 0.46 | -54.4% | 46.1% | 115 | 2.3% |
| 2 | RSI Trend (>50) ✓ | Daily | 7.5% | 0.41 | -76.1% | 33.8% | 720 | 0.9% |
| 3 | EMA-10 Trend ✓ | Daily | 6.7% | 0.38 | -58.2% | 38.7% | 1205 | 0.1% |
| 4 | RSI Trend (>50) ✓ | Weekly | 6.8% | 0.38 | -69.9% | 48.9% | 135 | 0.2% |
| 5 | EMA 50/200 Cross ✓ | Daily | 5.0% | 0.32 | -64.3% | 40.5% | 37 | -1.6% |
| 6 | Rate of Change ✓ | Weekly | 5.2% | 0.32 | -68.6% | 56.1% | 155 | -1.3% |
| 7 | Heikin-Ashi Trend ✓ | Daily | 5.0% | 0.31 | -75.6% | 43.7% | 2600 | -1.6% |
| 8 | Donchian Midline ✓ | Daily | 4.7% | 0.31 | -86.9% | 34.6% | 732 | -1.8% |
| 9 | MACD ✓ | Weekly | 4.8% | 0.31 | -54.4% | 45.5% | 112 | -1.7% |
| 10 | EMA-10 Trend ✓ | Weekly | 4.7% | 0.31 | -61.4% | 52.1% | 259 | -1.9% |
| 11 | Donchian Midline ✓ | Weekly | 4.5% | 0.3 | -73.9% | 55.4% | 157 | -2.0% |
| 12 | ADX / DMI ✓ | Weekly | 3.3% | 0.26 | -62.8% | 50.0% | 80 | -3.2% |
| 13 | SMA 50/200 Cross ✓ | Daily | 3.2% | 0.25 | -85.1% | 45.9% | 37 | -3.4% |
| 14 | EMA 20/50 Cross ✓ | Weekly | 3.0% | 0.25 | -74.4% | 44.4% | 27 | -3.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Halliburton (HAL), EMA 20/50 Cross on the daily timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
More stock
Get the weekly edge report
The best-performing indicator per asset, what changed this week, and the honest caveats — straight to your inbox.