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 7 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.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month HMC has a been trading in the 28.63 - 31.12 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, HMC turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
HMC is an average performer in the Automobiles industry, it outperforms 65% of 39 stocks in the same industry.
HMC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HMC is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
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
25.33
31.37
3 important support areas can be observed.
- A support zone ranging from 29.74 to 30.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.82 to 29.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.59 to 25.70. 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 30.68 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 | 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 | 49.33 | 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) | 58.66 | NEUTRAL | The RSI value for HMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests HMC has a positive trend. |
| Stochastics (14,3) | 63.59 | NEUTRAL | The Stochastics value for HMC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for HMC suggests low volalility. |
| Average Directional Index/ADX (14) | 15.56 | 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)
30.52
-0.02 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-0.07%
1 Week3.39%
2 Weeks5.9%
1 Month0.63%
3 Month9.82%
6 Month17.84%
12 Month-10.02%
2 Year7.43%
3 Year22.57%
5 Year17.16%
10 Year-10.81%
15 Year0.43%
Volatility
ATR(14)0.6
ATR(20)%1.81%
ATR Inc20.97%
Range Today0.29
ADR(20)0.34
ADR(20)%1.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.33
Mansfield-0.04
10 Day High30.67
10 Day Low28.9
20 Day High31.12
20 Day Low28.63
52 Week High33.73
52 Week Low23.41
CS1 End30.42
CR1 Start30.68
Volume & EV
DER(3)1.36%
DER(5)1.67%
Volume754.50K
Volume Incr-14.11%
Vol(5)638.92K
Vol(50)995.30K