HONDA MOTOR CO LTD-SPONS ADR (HMC) Stock Technical Analysis
USA - NYSE:HMC - US4381283088 - ADR
33.78 USD
+0.43 (+1.29%)
33.78 USD
0 (0%)
We assign a technical rating of 6 out of 10 to HMC. In the last year, HMC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
HMC is part of the Automobiles industry. There are 37 other stocks in this industry. HMC outperforms 75% of them.
HMC 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 HMC is lagging the market slightly.
When compared to the yearly performance of all other stocks, HMC outperforms 63% of them, which is more or less in line with the market.
In the last month HMC has a been trading in a tight range between 33.24 and 34.89.
HMC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 33.34, a Stop Loss order could be placed below this zone.
More info and screens
26.58
35.21
We found 3 important support areas.
- A support zone ranging from 32.57 to 33.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.81 to 29.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 26.85 to 27.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 33.88 to 34.86. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for HMC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HMC is neutral. |
| ChartMill Relative Strength | 63.6 | 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) | UP | POSITIVE | The current price of HMC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HMC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.59 | NEUTRAL | The RSI value for HMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests HMC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.25 | NEUTRAL | The Stochastics value for HMC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for HMC suggests low volalility. |
| Average Directional Index/ADX (14) | 16.87 | NEGATIVE | The low ADX value for HMC suggests a weak or negative 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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 33.89 | 33.28 | 0.61 (1.80%) | 25.00% |
| An entry @33.89. This is a Buy Stop order right above the 10 day moving average. | An exit @33.28. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.61 points, which is 1.80%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.45%. |
- The distance between exit and entry is rather small compared to the average daily movement of HMC. 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.
33.78
+0.43 (+1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg1.29%
1 Week0.15%
2 Weeks-3.07%
1 Month-2.4%
3 Month13.74%
6 Month23.92%
12 Month4.84%
2 Year0.42%
3 Year56.46%
5 Year42.53%
10 Year12.98%
15 Year-5.09%
Volatility
ATR(14)0.46
ATR(20)%1.34%
ATR Inc4.89%
Range Today0.25
ADR(20)0.29
ADR(20)%0.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.6
Mansfield0.22
10 Day High34.69
10 Day Low33.29
20 Day High34.89
20 Day Low33.24
52 Week High34.89
52 Week Low23.41
CS1 End33.34
CR1 Start33.88
Volume & EV
DER(3)-0.05%
DER(5)1.8%
Volume438.64K
Volume Incr7.68%
Vol(5)765.03K
Vol(50)911.52K