HONDA MOTOR CO LTD-SPONS ADR (HMC) Stock Technical Analysis
USA - NYSE:HMC - US4381283088 - ADR
Taking everything into account, HMC scores 0 out of 10 in our technical rating. HMC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of HMC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
28.66
We found 1 important support area.
- A support zone ranging from 28.95 to 28.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 30.54 to 30.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 31.51 to 31.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.07 to 34.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for HMC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HMC is down. |
| ChartMill Relative Strength | 38.35 | NEUTRAL | HMC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HMC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HMC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HMC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.43 | NEUTRAL | The RSI value for HMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests HMC has a negative trend. |
| Stochastics (14,3) | 14.2 | OVERSOLD | The low Stochastics value suggests HMC may be oversold. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for HMC suggests low volalility. |
| Average Directional Index/ADX (14) | 24.16 | NEUTRAL | The ADX value for HMC suggests a possible start of a new trend. |
28.96
-0.04 (-0.14%)
HONDA MOTOR CO LTD-SPONS ADR / HMC FAQ
What is the technical rating for HMC stock?
ChartMill assigns a technical rating of 0 / 10 to HMC.
What is the trend direction for HMC stock?
The current trend direction for HONDA MOTOR CO LTD-SPONS ADR (HMC) is Bearish.
What is the RSI signal for HMC stock?
HONDA MOTOR CO LTD-SPONS ADR (HMC) has an RSI value of 33.4316. This indicates that the stock is currently neutral.
What is the MACD signal for HONDA MOTOR CO LTD-SPONS ADR (HMC) stock?
The MACD indicator for HONDA MOTOR CO LTD-SPONS ADR (HMC) has a value of -0.104192, indicating a bearish trend.
Can you provide the support and resistance levels for HONDA MOTOR CO LTD-SPONS ADR?
HONDA MOTOR CO LTD-SPONS ADR (HMC) has a support level at 28.95 and a resistance level at 30.54. Check the full technical report for our detailed analysis of HMC support and resistance levels.