HARMONY GOLD MNG-SPON ADR (HMY) Technical Analysis
NYSE:HMY • US4132163001
We assign a technical rating of 1 out of 10 to HMY. HMY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- HMY is one of the lesser performing stocks in the Metals & Mining industry. 77% of 157 stocks in the same industry do better.
- HMY is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HMY is lagging the market.
- In the last month HMY has a been trading in the 15.01 - 22.94 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- HMY has an average volume of 4952280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When compared to the yearly performance of all other stocks, HMY outperforms 40% of them, which is more or less in line with the market.
The technical rating of HMY 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
14.98
We found 1 important resistance area.
- A resistance zone ranging from 21.05 to 21.18. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for HMY is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HMY is down. |
| ChartMill Relative Strength | 40.47 | NEUTRAL | HMY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HMY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HMY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of HMY is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 25.74 | OVERSOLD | The low RSI value suggests HMY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.63 | NEGATIVE | The MACD value suggests HMY has a negative trend. |
| Stochastics (14,3) | 3.51 | OVERSOLD | The low Stochastics value suggests HMY may be oversold. |
| Average True Range in percent/ATR (20) | 7.93 | HIGH VOLATILITY | The high ATR as a percentage value for HMY suggests high volalility. |
| Average Directional Index/ADX (14) | 22.72 | NEUTRAL | The ADX value for HMY suggests a possible start of a new trend. |
HMY Technicals: Chart, Performance Metrics, Trend & Indicators
15.13
-0.84 (-5.26%)
HARMONY GOLD MNG-SPON ADR / HMY FAQ
Can you provide the ChartMill technical rating for HARMONY GOLD MNG-SPON ADR?
ChartMill assigns a technical rating of 1 / 10 to HMY.
What is the trend direction for HMY stock?
The current trend direction for HARMONY GOLD MNG-SPON ADR (HMY) is Bearish.
What is the RSI signal for HMY stock?
HARMONY GOLD MNG-SPON ADR (HMY) has an RSI value of 25.7391. This indicates that the stock is currently oversold.
What is the support and resistance level for HMY stock?
HARMONY GOLD MNG-SPON ADR (HMY) has a resistance level at 21.05. Check the full technical report for our detailed analysis of HMY support and resistance levels.