HUDBAY MINERALS INC (HBM.CA) Stock Technical Analysis
TSX:HBM - Toronto Stock Exchange - CA4436281022 - Common Stock - Currency: CAD
Taking everything into account, HBM scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HBM is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
HBM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HBM is lagging the market slightly.
HBM has an average volume of 1434150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that HBM is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
HBM is an average performer in the Metals & Mining industry, it outperforms 61% of 797 stocks in the same industry.
In the last month HBM has a been trading in the 12.78 - 15.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
HBM has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
9.45
15.09
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.33 to 14.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.55 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @14.94 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for HBM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HBM.CA is up. |
| ChartMill Relative Strength | 80.4 | POSITIVE | HBM.CA has a high relative strength, it outperformed 80.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HBM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HBM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HBM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.77 | NEUTRAL | The RSI value for HBM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests HBM.CA has a negative trend. |
| Stochastics (14,3) | 70.2 | NEUTRAL | The Stochastics value for HBM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.08 | MEDIUM VOLATILITY | The ATR as a percentage value for HBM.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 46.14 | POSITIVE | The high ADX value value for HBM.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.95 | 14.32 | 0.63 (4.21%) | 23.73% |
| An entry @14.95. This is a Buy Stop order right above the resistance zone. | An exit @14.32. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.63 points, which is 4.21%. | For a 1.00% total portfolio risk, you can invest 23.73% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HBM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:HBM (7/11/2025, 7:00:00 PM)
14.34
-0.39 (-2.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.65%
1 Week-1.44%
2 Weeks-1.65%
1 Month9.63%
3 Month50%
6 Month13.54%
12 Month11.94%
2 Year82.44%
3 Year190.87%
5 Year240.62%
10 Year70.11%
15 Year11.86%
Volatility
ATR(14)0.5
ATR(20)%3.08%
ATR Inc16.3%
Range Today0.49
ADR(20)0.4
ADR(20)%2.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.4
Mansfield1.34
10 Day High15.19
10 Day Low14.09
20 Day High15.19
20 Day Low12.78
52 Week High15.19
52 Week Low8.49
CS1 End14.33
CR1 Start14.94
Volume & EV
DER(3)-1.12%
DER(5)2.33%
Volume1.44M
Volume Incr93.65%
Vol(5)2.42M
Vol(50)1.43M