HARMONY GOLD MNG-SPON ADR (HMY) Technical Analysis
NYSE:HMY • US4132163001
Current stock price
HMY Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to HMY. In the past year, HMY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, HMY is a bad performer in the overall market: 79% of all stocks are doing better.
- HMY is one of the lesser performing stocks in the Metals & Mining industry. 76% of 163 stocks in the same industry do better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month HMY has a been trading in the 13.43 - 19.32 range, which is quite wide. It is currently trading near the high of this range.
- HMY has an average volume of 5467760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- HMY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HMY is lagging the market.
HMY Weekly and Daily overview Charts
HMY Setup Rating and Analysis
The technical rating of HMY 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
HMY Support and Resistance Analysis
13.27
We found 3 important support areas.
- A support zone ranging from 17.21 to 17.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.72 from a trend line in the weekly time frame.
- A support zone ranging from 13.40 to 13.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.67 to 18.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
HMY Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for HMY is up. |
| ChartMill Relative Strength | 21.75 | NEGATIVE | HMY has a low relative strength, it was outperformed by 78.25% 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) | 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) | 52.29 | NEUTRAL | The RSI value for HMY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.39 | POSITIVE | The MACD value suggests HMY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.07 | NEUTRAL | The Stochastics value for HMY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.17 | HIGH VOLATILITY | The high ATR as a percentage value for HMY suggests high volalility. |
| Average Directional Index/ADX (14) | 20.13 | NEUTRAL | The ADX value for HMY suggests a possible start of a new trend. |
HMY Chart- and CandleStick Pattern Analysis
HMY Technicals: Chart, Performance Metrics, Trend & Indicators
17.25
-1.09 (-5.94%)
HARMONY GOLD MNG-SPON ADR / HMY TA FAQ
Can you provide the ChartMill technical rating for HARMONY GOLD MNG-SPON ADR?
ChartMill assigns a technical rating of 3 / 10 to HMY.
What is the trend direction for HMY stock?
The current trend direction for HARMONY GOLD MNG-SPON ADR (HMY) is Bearish.
Can you provide the RSI signal for HARMONY GOLD MNG-SPON ADR?
HARMONY GOLD MNG-SPON ADR (HMY) has an RSI value of 52.2903. This indicates that the stock is currently neutral.
Can you provide the short term momentum for HARMONY GOLD MNG-SPON ADR?
The short term momentum for HARMONY GOLD MNG-SPON ADR (HMY) is positive.