USA - NYSE:HMY - US4132163001 - ADR
Overall HMY gets a technical rating of 9 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.
Although HMY has an excellent technical rating, it does not present a decent entry opportunity 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.
8.16
When analyzing the support we can see 10 important areas.
When analyzing the resistance we notice one important area.
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 | 93.66 | POSITIVE | HMY has a high relative strength, it outperformed 93.66% off all stocks 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) | 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) | 49.21 | NEUTRAL | The RSI value for HMY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests HMY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.92 | NEUTRAL | The Stochastics value for HMY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.22 | HIGH VOLATILITY | The high ATR as a percentage value for HMY suggests high volalility. |
| Average Directional Index/ADX (14) | 16.91 | NEGATIVE | The low ADX value for HMY suggests a weak or negative trend. |
17.22
-0.62 (-3.48%)
ChartMill assigns a technical rating of 9 / 10 to HMY.
The current trend direction for HARMONY GOLD MNG-SPON ADR (HMY) is Bullish.
HARMONY GOLD MNG-SPON ADR (HMY) has an RSI value of 49.2142. This indicates that the stock is currently neutral.
HARMONY GOLD MNG-SPON ADR (HMY) has a support level at 17.13 and a resistance level at 18.83. Check the full technical report for our detailed analysis of HMY support and resistance levels.