HARMONY GOLD MNG-SPON ADR (HMY) Stock Technical Analysis
NYSE:HMY - New York Stock Exchange, Inc. - US4132163001 - ADR - Currency: USD
We assign a technical rating of 8 out of 10 to HMY. 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
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 80% of 153 stocks in the same industry.
HMY has an average volume of 6379890 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 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.
Considerably lower volume is observed 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
8.16
16.01
We found 6 important support areas.
- A support zone ranging from 14.35 to 14.44. 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 @12.66 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.
2 important resistance areas can be observed.
- Resistance @14.59 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 | NEUTRAL | NEUTRAL | The short term trend for HMY is neutral. |
| ChartMill Relative Strength | 95.44 | POSITIVE | HMY has a high relative strength, it outperformed 95.44% 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) | 45.35 | NEUTRAL | The RSI value for HMY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests HMY has a negative trend. |
| Stochastics (14,3) | 53.63 | NEUTRAL | The Stochastics value for HMY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.02 | HIGH VOLATILITY | The high ATR as a percentage value for HMY suggests high volalility. |
| Average Directional Index/ADX (14) | 15.5 | 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)
14.45
-1.39 (-8.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-8.78%
1 Week-2.03%
2 Weeks2.41%
1 Month-7.55%
3 Month45.23%
6 Month57.24%
12 Month58.79%
2 Year206.79%
3 Year328.78%
5 Year333.93%
10 Year876.35%
15 Year49.28%
Volatility
ATR(14)0.72
ATR(20)%5.02%
ATR Inc65.81%
Range Today0.31
ADR(20)0.47
ADR(20)%3.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.44
Mansfield2.68
10 Day High15.94
10 Day Low13.62
20 Day High16.54
20 Day Low13.62
52 Week High18.77
52 Week Low7.97
CS1 End14.44
CR1 Start14.59
Volume & EV
DER(3)-2.61%
DER(5)-0.44%
Volume6.14M
Volume Incr-24.45%
Vol(5)4.10M
Vol(50)6.38M