HONDA MOTOR CO LTD-SPONS ADR (HMC) Stock Technical Analysis
NYSE:HMC - New York Stock Exchange, Inc. - US4381283088 - ADR - Currency: USD
Taking everything into account, HMC scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HMC is only an average performer.
The long and short term trends are both positive. This is looking good!
HMC is part of the Automobiles industry. There are 37 other stocks in this industry. HMC outperforms 75% of them.
HMC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month HMC has a been trading in the 30.09 - 34.51 range, which is quite wide. It is currently trading near the high of this range.
HMC has an average volume of 1038590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, HMC outperforms 67% of them, which is more or less in line with the market.
Although HMC 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
26.15
34.75
4 important support areas can be observed.
- A support zone ranging from 32.41 to 32.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 30.73 to 31.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.59 to 29.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.41 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @33.40 from a horizontal line in the weekly time frame.
- Resistance @34.41 from a horizontal line in the daily 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 HMC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HMC is up. |
| ChartMill Relative Strength | 67.13 | NEUTRAL | HMC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HMC is above the rising 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) | 60.82 | NEUTRAL | The RSI value for HMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests HMC has a positive trend. |
| Stochastics (14,3) | 88.85 | OVERBOUGHT | The high Stochastics value suggests HMC may be overbought. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for HMC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.59 | 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)
33.39
+0.14 (+0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg0.42%
1 Week2.55%
2 Weeks6.58%
1 Month11.3%
3 Month14.43%
6 Month16.38%
12 Month5.26%
2 Year3.28%
3 Year25.91%
5 Year30.53%
10 Year6.07%
15 Year1.4%
Volatility
ATR(14)0.67
ATR(20)%2.46%
ATR Inc-44.98%
Range Today0.28
ADR(20)0.38
ADR(20)%1.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.13
Mansfield0.33
10 Day High33.64
10 Day Low31.38
20 Day High34.51
20 Day Low30.09
52 Week High34.51
52 Week Low23.41
CS1 End32.6
CR1 Start33.4
Volume & EV
DER(3)0.45%
DER(5)-0.69%
Volume570.70K
Volume Incr-31.46%
Vol(5)805.80K
Vol(50)1.04M