HUDBAY MINERALS INC (HBM) Stock Technical Analysis
NYSE:HBM - CA4436281022 - Common Stock
12.72 USD
+0.32 (+2.58%)
12.75 USD
+0.03 (+0.24%)
Taking everything into account, HBM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, HBM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that HBM is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by HBM over the past year are nicely spread over this period.
A new 52 week high is currently being made by HBM, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month HBM has a been trading in the 9.29 - 12.81 range, which is quite wide. It is currently trading near the high of this range.
HBM has an average volume of 7241250 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 67% of 156 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although HBM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
6.84
12.85
3 important support areas can be observed.
- Support @11.58 from a horizontal line in the daily time frame.
- A support zone ranging from 9.88 to 9.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.91 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HBM is up. |
| ChartMill Relative Strength | 93.03 | POSITIVE | HBM has a high relative strength, it outperformed 93.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HBM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HBM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HBM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.08 | OVERBOUGHT | The high RSI value suggests HBM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests HBM has a positive trend. |
| Stochastics (14,3) | 96.99 | OVERBOUGHT | The high Stochastics value suggests HBM may be overbought. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for HBM suggests some volalility. |
| Average Directional Index/ADX (14) | 40.55 | POSITIVE | The high ADX value value for HBM 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)
12.72
+0.32 (+2.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.58%
1 Week7.8%
2 Weeks12.77%
1 Month35.61%
3 Month32.22%
6 Month82.5%
12 Month87.06%
2 Year161.19%
3 Year215.63%
5 Year200.71%
10 Year245.65%
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%3.48%
ATR Inc1.36%
Range Today0.28
ADR(20)0.35
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
CRS93.03
Mansfield3.13
10 Day High12.81
10 Day Low11.21
20 Day High12.81
20 Day Low9.29
52 Week High12.81
52 Week Low5.95
CS1 End11.58
CR1 StartN/A
Volume & EV
DER(3)6.4%
DER(5)5.54%
Volume5.25M
Volume Incr-18.45%
Vol(5)5.64M
Vol(50)7.24M