HARMONY GOLD MNG-SPON ADR (HMY) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:HMY • US4132163001
Overall HMY gets a technical rating of 8 out of 10. In the last year, HMY was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month HMY has a been trading in the 19.38 - 26.06 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, HMY did better than 91% of all other stocks. We also observe that the gains produced by HMY over the past year are nicely spread over this period.
- HMY has an average volume of 4525580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- HMY is part of the Metals & Mining industry. There are 157 other stocks in this industry, HMY did better than 41% of them.
- 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.
- Volume is considerably higher in the last couple of days.
Although HMY has an excellent technical rating, it does not offer a high 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
16.42
3 important support areas can be observed.
- Support @19.40 from a horizontal line in the daily time frame.
- Support @18.70 from a trend line in the daily time frame.
- Support @16.59 from a trend 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 | DOWN | NEGATIVE | The short term trend for HMY is down. |
| ChartMill Relative Strength | 91.84 | POSITIVE | HMY has a high relative strength, it outperformed 91.84% 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) | 44.14 | NEUTRAL | The RSI value for HMY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests HMY has a negative trend. |
| Stochastics (14,3) | 9.45 | OVERSOLD | The low Stochastics value suggests HMY may be oversold. |
| Average True Range in percent/ATR (20) | 7.16 | HIGH VOLATILITY | The high ATR as a percentage value for HMY suggests high volalility. |
| Average Directional Index/ADX (14) | 17.59 | NEGATIVE | The low ADX value for HMY suggests a weak or negative trend. |
20.37
+0.97 (+5%)
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 8 / 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 44.1393. 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 hold as the short term and long term trends are mixed.
What is the support and resistance level for HMY stock?
HARMONY GOLD MNG-SPON ADR (HMY) has a support level at 19.4. Check the full technical report for our detailed analysis of HMY support and resistance levels.