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 1 out of 10 to HMY. HMY has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- HMY is one of the lesser performing stocks in the Metals & Mining industry. 77% of 158 stocks in the same industry do better.
- HMY is currently trading in the lower part 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.
- HMY has an average volume of 5715170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, HMY outperforms 45% of them, which is more or less in line with the market.
- In the last month HMY has a been trading in the 13.03 - 19.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
13.24
We found 1 important support area.
- Support @13.37 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 16.11 to 16.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 18.99 to 19.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for HMY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HMY is down. |
| ChartMill Relative Strength | 45.35 | NEUTRAL | HMY is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HMY is above a declining 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) | 47.16 | NEUTRAL | The RSI value for HMY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests HMY has a positive trend. |
| Stochastics (14,3) | 78.42 | NEUTRAL | The Stochastics value for HMY is a neutral value. |
| Average True Range in percent/ATR (20) | 6.7 | HIGH VOLATILITY | The high ATR as a percentage value for HMY suggests high volalility. |
| Average Directional Index/ADX (14) | 29.65 | POSITIVE | The high ADX value value for HMY suggests a strong trend. |
HMY Chart- and CandleStick Pattern Analysis
HMY Technicals: Chart, Performance Metrics, Trend & Indicators
16.1
-0.06 (-0.37%)
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 1 / 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 47.163. 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 negative.
What is the buy/sell signal for HARMONY GOLD MNG-SPON ADR (HMY) stock?
The buy/sell signal for HARMONY GOLD MNG-SPON ADR (HMY) is sell as both the short term and long term trends are negative.