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HUDBAY MINERALS INC (HBM.CA) Stock Technical Analysis

TSX:HBM - Toronto Stock Exchange - CA4436281022 - Common Stock - Currency: CAD

12.63  +0.26 (+2.1%)

Technical Rating and Analysis

5

Taking everything into account, HBM scores 5 out of 10 in our technical rating. In the last year, HBM was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.

When comparing the yearly performance of all stocks, we notice that HBM is one of the better performing stocks in the market, outperforming 88% of all stocks.
HBM is one of the better performing stocks in the Metals & Mining industry, it outperforms 78% of 832 stocks in the same industry.
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 1270720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month HBM has a been trading in the 11.39 - 13.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
HUDBAY MINERALS INC / HBM Weekly stock chart
HUDBAY MINERALS INC / HBM Daily stock chart
Setup Rating and Analysis

9

Although the technical rating is only medium, HBM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 12.96. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for HBM in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

10.92

13.38

We found 5 important support areas.

  • Support @12.58 from a trend line in the daily time frame.
  • A support zone ranging from 12.30 to 12.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 11.67 to 11.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 11.35 to 11.36. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @11.03 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 12.96 to 12.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Strong resistance @13.25 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.48
Mansfield0.12
10 Day High12.67
10 Day Low11.4
20 Day High13.1
20 Day Low11.4
52 Week High14.33
52 Week Low6.72
Performance
1 Week5.96%
2 Weeks4.04%
1 Month-0.47%
3 Month-2.77%
6 Month26.68%
12 Month82.78%
2 Year86.56%
3 Year22.27%
5 Year286.24%
10 Year15.87%
15 Year-4.97%
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)55.33
LBB11.53
UBB12.92
HUDBAY MINERALS INC / HBM Daily stock chart

HUDBAY MINERALS INC

TSX:HBM (2/5/2025, 7:00:00 PM)

12.63

+0.26 (+2.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.1%
1 Week5.96%
2 Weeks4.04%
1 Month-0.47%
3 Month-2.77%
6 Month26.68%
12 Month82.78%
2 Year86.56%
3 Year22.27%
5 Year286.24%
10 Year15.87%
15 Year-4.97%
Volatility
ATR(14)0.52
ATR(20)%3.9%
ATR Inc-7.21%
Range Today0.5
ADR(20)0.45
ADR(20)%3.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.48
Mansfield0.12
10 Day High12.67
10 Day Low11.4
20 Day High13.1
20 Day Low11.4
52 Week High14.33
52 Week Low6.72
CS1 End12.58
CR1 Start12.96
Volume & EV
DER(3)4.92%
DER(5)-1.21%
Volume1.55M
Volume Incr-0.52%
Vol(5)1.23M
Vol(50)1.27M