HARMONY GOLD MNG-SPON ADR (HMY) Stock Technical Analysis
NYSE:HMY - New York Stock Exchange, Inc. - US4132163001 - ADR - Currency: USD
Overall HMY gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
When comparing the yearly performance of all stocks, we notice that HMY is one of the better performing stocks in the market, outperforming 95% of all stocks.
HMY is one of the better performing stocks in the Metals & Mining industry, it outperforms 81% of 153 stocks in the same industry.
HMY has an average volume of 6279970 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, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
HMY 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 HMY is lagging the market slightly.
In the last month HMY has a been trading in the 13.62 - 16.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although HMY has an excellent technical rating, the quality of the presented setup is not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
8.16
16.01
When analyzing the support we can see 6 important areas.
- A support zone ranging from 14.36 to 14.45. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @14.10 from a horizontal line in the daily time frame.
- Support @12.76 from a trend line in the daily time frame.
- Support @12.42 from a trend line in the weekly time frame.
- Support @9.76 from a trend line in the weekly time frame.
- Support @8.24 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 14.69 to 15.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @15.59 from a trend line in the daily time frame.
- A resistance zone ranging from 15.85 to 15.85. 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 HMY is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HMY is down. |
| ChartMill Relative Strength | 95.68 | POSITIVE | HMY has a high relative strength, it outperformed 95.68% off all stocks 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) | UP | MIXED | The current price of HMY is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HMY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.33 | NEUTRAL | The RSI value for HMY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests HMY has a negative trend. |
| Stochastics (14,3) | 38.85 | NEUTRAL | The Stochastics value for HMY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.88 | MEDIUM VOLATILITY | The ATR as a percentage value for HMY suggests some volalility. |
| Average Directional Index/ADX (14) | 14.12 | NEGATIVE | The low ADX value for HMY 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)
14.57
-0.08 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.55%
1 Week-5.02%
2 Weeks3.04%
1 Month-8.42%
3 Month46.43%
6 Month58.54%
12 Month60.11%
2 Year209.34%
3 Year332.34%
5 Year337.54%
10 Year884.46%
15 Year50.52%
Volatility
ATR(14)0.66
ATR(20)%4.88%
ATR Inc-50.48%
Range Today0.34
ADR(20)0.47
ADR(20)%3.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.68
Mansfield2.81
10 Day High15.94
10 Day Low14
20 Day High16.54
20 Day Low13.62
52 Week High18.77
52 Week Low7.97
CS1 End14.45
CR1 Start14.69
Volume & EV
DER(3)-0.41%
DER(5)-1.73%
Volume4.40M
Volume Incr-7.6%
Vol(5)4.44M
Vol(50)6.28M