HONDA MOTOR CO LTD-SPONS ADR (HMC) Stock Technical Analysis
NYSE:HMC - New York Stock Exchange, Inc. - US4381283088 - ADR - Currency: USD
Overall HMC gets a technical rating of 3 out of 10. HMC performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, HMC is a bad performer in the overall market: 61% of all stocks are doing better.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
HMC is part of the Automobiles industry. There are 37 other stocks in this industry, HMC did better than 61% of them.
HMC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HMC is lagging the market.
In the last month HMC has a been trading in the 28.40 - 30.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of HMC is bad and it also does not present a quality setup 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
25.63
31.37
When analyzing the support we can see 2 important areas.
- A support zone ranging from 28.59 to 29.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.89 to 26.04. 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 30.01 to 31.06. 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 | NEUTRAL | NEUTRAL | The long term trend for HMC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HMC is neutral. |
| ChartMill Relative Strength | 39.49 | NEUTRAL | HMC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HMC is above 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) | DOWN | MIXED | The current price of HMC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.82 | NEUTRAL | The RSI value for HMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests HMC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.62 | NEUTRAL | The Stochastics value for HMC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.6 | LOW VOLATILITY | The low ATR as a percentage value for HMC suggests low volalility. |
| Average Directional Index/ADX (14) | 13.66 | 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)
29.7
+0.89 (+3.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg3.09%
1 Week1.92%
2 Weeks1.78%
1 Month-2.75%
3 Month8.95%
6 Month3.27%
12 Month-7.88%
2 Year-2.01%
3 Year22.98%
5 Year16.2%
10 Year-8.33%
15 Year3.3%
Volatility
ATR(14)0.45
ATR(20)%1.6%
ATR Inc50.72%
Range Today0.32
ADR(20)0.26
ADR(20)%0.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.49
Mansfield-0.56
10 Day High30.04
10 Day Low28.4
20 Day High30.54
20 Day Low28.4
52 Week High33.72
52 Week Low23.41
CS1 End29.69
CR1 Start30.01
Volume & EV
DER(3)2.59%
DER(5)0.85%
Volume1.20M
Volume Incr23.57%
Vol(5)920.60K
Vol(50)808.79K