HOWMET AEROSPACE INC (HWM) Technical Analysis
NYSE:HWM • US4432011082
Current stock price
HWM Technical Rating and Analysis
Taking everything into account, HWM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, HWM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, HWM did better than 91% of all other stocks. We also observe that the gains produced by HWM over the past year are nicely spread over this period.
- HWM is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 72% of 80 stocks in the same industry.
- HWM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month HWM has a been trading in the 220.51 - 259.82 range, which is quite wide. It is currently trading near the high of this range.
- HWM has an average volume of 2502390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HWM Weekly and Daily overview Charts
HWM Setup Rating and Analysis
HWM has an excellent technical rating, but the quality of the setup is only medium 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
HWM Support and Resistance Analysis
188.59
6 important support areas can be observed.
- A support zone ranging from 233.68 to 246.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 227.89 to 228.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @222.98 from a horizontal line in the daily time frame.
- Support @216.29 from a trend line in the weekly time frame.
- Support @211.13 from a trend line in the daily time frame.
- Support @190.49 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 262.54 to 265.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
HWM 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 | UP | POSITIVE | The long term trend for HWM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HWM is up. |
| ChartMill Relative Strength | 91.11 | POSITIVE | HWM has a high relative strength, it outperformed 91.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HWM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HWM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HWM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.92 | NEUTRAL | The RSI value for HWM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.55 | POSITIVE | The MACD value suggests HWM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.47 | OVERBOUGHT | The high Stochastics value suggests HWM may be overbought. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for HWM suggests some volalility. |
| Average Directional Index/ADX (14) | 22.55 | NEUTRAL | The ADX value for HWM suggests a possible start of a new trend. |
HWM Chart- and CandleStick Pattern Analysis
HWM Technicals: Chart, Performance Metrics, Trend & Indicators
254.04
-3.99 (-1.55%)
HOWMET AEROSPACE INC / HWM TA FAQ
Can you provide the ChartMill technical rating for HOWMET AEROSPACE INC?
ChartMill assigns a technical rating of 10 / 10 to HWM.
What is the current trend direction of HOWMET AEROSPACE INC (HWM) stock?
The current trend direction for HOWMET AEROSPACE INC (HWM) is Bullish.
What is the RSI signal for HWM stock?
HOWMET AEROSPACE INC (HWM) has an RSI value of 58.9226. This indicates that the stock is currently neutral.
Can you provide the short term momentum for HOWMET AEROSPACE INC?
The short term momentum for HOWMET AEROSPACE INC (HWM) is positive.
What is the support and resistance level for HWM stock?
HOWMET AEROSPACE INC (HWM) has a support level at 246.93 and a resistance level at 262.54. Check the full technical report for our detailed analysis of HWM support and resistance levels.