HUDBAY MINERALS INC (HBM.CA) Stock Technical Analysis

Canada • Toronto Stock Exchange • TSX:HBM • CA4436281022

33.79 CAD
+1.64 (+5.1%)
Last: Feb 6, 2026, 07:00 PM
Technical Rating and Analysis

10

Taking everything into account, HBM scores 10 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!
  • 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. We also observe that the gains produced by HBM over the past year are nicely spread over this period.
  • 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 1650170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
  • HBM is an average performer in the Metals & Mining industry, it outperforms 66% of 814 stocks in the same industry.
  • In the last month HBM has a been trading in the 30.64 - 38.80 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.
Weekly and Daily overview Charts
HUDBAY MINERALS INC / HBM Weekly stock chart
HUDBAY MINERALS INC / HBM Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, HBM also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

Support and Resistance Analysis

18.02

34.13

5 important support areas can be observed.

  • A support zone ranging from 32.14 to 32.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @26.80 from a trend line in the weekly time frame.
  • Support @26.14 from a trend line in the daily time frame.
  • Support @22.97 from a trend line in the daily time frame.
  • Support @18.20 from a trend line in the weekly time frame.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for HBM.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for HBM.CA is up.
ChartMill Relative Strength88.25POSITIVEHBM.CA has a high relative strength, it outperformed 88.25% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of HBM.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of HBM.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of HBM.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)55.2NEUTRALThe RSI value for HBM.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.38NEGATIVEThe MACD value suggests HBM.CA has a negative trend.
Stochastics (14,3)32.63NEUTRALThe Stochastics value for HBM.CA is a neutral value.
Average True Range in percent/ATR (20)5.81HIGH VOLATILITYThe high ATR as a percentage value for HBM.CA suggests high volalility.
Average Directional Index/ADX (14)42.09POSITIVEThe high ADX value value for HBM.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
34.5532.132.42 (7.00%)14.29%
An entry @34.55. This is a Buy Stop order right above the 10 day moving average.An exit @32.13. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 2.42 points, which is 7.00%.When investing 14.29% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
HUDBAY MINERALS INC / HBM Daily stock chart

HUDBAY MINERALS INC

TSX:HBM (2/6/2026, 7:00:00 PM)

33.79

+1.64 (+5.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg5.1%
1 Week4.78%
2 Weeks-1.31%
1 Month12.63%
3 Month49.25%
6 Month155.02%
12 Month153.11%
2 Year322.9%
3 Year399.11%
5 Year270.91%
10 Year746.87%
15 Year100.53%
Volatility
ATR(14)2.32
ATR(20)%5.81%
ATR Inc7.69%
Range Today0.89
ADR(20)1.65
ADR(20)%4.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.25
3 months CRS87.2
6 months CRS93.28
Mansfield7.62
10 Day High38.8
10 Day Low31.77
20 Day High38.8
20 Day Low30.64
52 Week High38.8
52 Week Low8.49
CS1 End32.24
CR1 StartN/A
Volume & EV
DER(3)-1.94%
DER(5)-0.73%
Volume1.46M
Volume Incr25.55%
Vol(5)2.41M
Vol(50)1.65M

HUDBAY MINERALS INC / HBM.CA FAQ

What is the technical rating for HBM stock?

ChartMill assigns a technical rating of 10 / 10 to HBM.CA.


What is the trend direction for HBM stock?

The current trend direction for HUDBAY MINERALS INC (HBM.CA) is Bullish.


What is the RSI signal for HBM stock?

HUDBAY MINERALS INC (HBM.CA) has an RSI value of 55.2032. This indicates that the stock is currently neutral.


What is the MACD signal for HBM stock?

The MACD indicator for HUDBAY MINERALS INC (HBM.CA) has a value of -0.378744, indicating a bearish trend.


What is the short term momentum for HUDBAY MINERALS INC (HBM.CA) stock?

The short term momentum for HUDBAY MINERALS INC (HBM.CA) is positive.