HARMONY GOLD MNG-SPON ADR (HMY) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HMY - US4132163001 - ADR
Overall HMY gets a technical rating of 10 out of 10. 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.
Although HMY 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
8.16
When analyzing the support we can see 9 important areas.
- A support zone ranging from 18.75 to 19.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.40 to 16.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.30 from a trend line in the weekly time frame.
- Support @14.88 from a horizontal line in the daily time frame.
- Support @14.08 from a trend line in the daily time frame.
- Support @13.40 from a horizontal line in the weekly time frame.
- Support @12.96 from a horizontal line in the daily time frame.
- Support @11.15 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 one important area.
- Resistance @19.96 from a horizontal line in the weekly 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 | 95.95 | POSITIVE | HMY has a high relative strength, it outperformed 95.95% 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) | 59.99 | NEUTRAL | The RSI value for HMY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests HMY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.39 | NEUTRAL | The Stochastics value for HMY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.52 | MEDIUM VOLATILITY | The ATR as a percentage value for HMY suggests some volalility. |
| Average Directional Index/ADX (14) | 16.64 | NEGATIVE | The low ADX value for HMY suggests a weak or negative trend. |
19.29
+0.15 (+0.78%)
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.
Can you provide the trend direction for HARMONY GOLD MNG-SPON ADR?
The current trend direction for HARMONY GOLD MNG-SPON ADR (HMY) is Bullish.
What is the RSI signal for HARMONY GOLD MNG-SPON ADR (HMY) stock?
HARMONY GOLD MNG-SPON ADR (HMY) has an RSI value of 59.9884. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for HARMONY GOLD MNG-SPON ADR?
The buy/sell signal for HARMONY GOLD MNG-SPON ADR (HMY) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for HARMONY GOLD MNG-SPON ADR?
HARMONY GOLD MNG-SPON ADR (HMY) has a support level at 19.29 and a resistance level at 19.96. Check the full technical report for our detailed analysis of HMY support and resistance levels.