HARMONY GOLD MNG-SPON ADR (HMY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HMY - US4132163001 - ADR
We assign a technical rating of 10 out of 10 to HMY. Both in the recent history as in the last year, HMY has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, HMY did better than 94% of all other stocks.
- HMY 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 HMY has a been trading in the 19.00 - 22.98 range, which is quite wide. It is currently trading near the high of this range.
- HMY has an average volume of 3897670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- HMY is part of the Metals & Mining industry. There are 157 other stocks in this industry, HMY did better than 50% of them.
Besides having an excellent technical rating, HMY also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
12.83
We found 6 important support areas.
- Support @20.56 from a trend line in the daily time frame.
- A support zone ranging from 19.51 to 19.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.82 from a trend line in the daily time frame.
- Support @16.16 from a trend line in the weekly time frame.
- Support @14.88 from a horizontal line in the daily time frame.
- Support @12.96 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @22.30 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 HMY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HMY is up. |
| ChartMill Relative Strength | 94.39 | POSITIVE | HMY has a high relative strength, it outperformed 94.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HMY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HMY is above 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) | 58.87 | NEUTRAL | The RSI value for HMY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests HMY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.8 | NEUTRAL | The Stochastics value for HMY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.48 | MEDIUM VOLATILITY | The ATR as a percentage value for HMY suggests some volalility. |
| Average Directional Index/ADX (14) | 18.07 | NEGATIVE | The low ADX value for HMY suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.31 | 20.55 | 1.76 (7.89%) | 12.68% |
| An entry @22.31. This is a Buy Stop order right above the resistance zone. | An exit @20.55. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.76 points, which is 7.89%. | When investing 12.68% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
21.68
-0.39 (-1.77%)
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 10 / 10 to HMY.
What is the trend direction for HMY stock?
The current trend direction for HARMONY GOLD MNG-SPON ADR (HMY) is Bullish.
What is the RSI signal for HMY stock?
HARMONY GOLD MNG-SPON ADR (HMY) has an RSI value of 58.865. This indicates that the stock is currently neutral.
What is the buy/sell signal for HMY stock?
The buy/sell signal for HARMONY GOLD MNG-SPON ADR (HMY) is buy as both the short term and long term trends are positive.
What is the support and resistance level for HMY stock?
HARMONY GOLD MNG-SPON ADR (HMY) has a support level at 20.56 and a resistance level at 22.3. Check the full technical report for our detailed analysis of HMY support and resistance levels.