HUDBAY MINERALS INC (HBM.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:HBM • CA4436281022
Overall HBM gets a technical rating of 10 out of 10. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, HBM did better than 87% of all other stocks. On top of that, HBM also shows a nice and consistent pattern of rising prices.
- HBM is currently trading in the upper part of its 52 week range, while the S&P500 Index is trading in the lower part of its yearly range. So HBM is doing quite good in this market.
- HBM has an average volume of 1552600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- HBM is part of the Metals & Mining industry. There are 814 other stocks in this industry, HBM did better than 63% of them.
- In the last month HBM has a been trading in the 27.70 - 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.
Although HBM has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
18.02
When analyzing the support we can see 5 important areas.
- A support zone ranging from 32.24 to 32.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.80 from a trend line in the weekly time frame.
- Support @25.72 from a trend line in the daily time frame.
- Support @22.79 from a trend line in the daily time frame.
- Support @18.20 from a trend line in the weekly 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 | 87.26 | POSITIVE | HBM.CA has a high relative strength, it outperformed 87.26% 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) | 56.15 | NEUTRAL | The RSI value for HBM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests HBM.CA has a negative trend. |
| Stochastics (14,3) | 39.01 | NEUTRAL | The Stochastics value for HBM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.1 | HIGH VOLATILITY | The high ATR as a percentage value for HBM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 43.74 | POSITIVE | The high ADX value value for HBM.CA suggests a strong trend. |
TSX:HBM (2/2/2026, 7:00:00 PM)
32.96
+0.71 (+2.2%)
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 56.1493. 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 -0.200567, 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.