HOWMET AEROSPACE INC (HWM) Stock Technical Analysis
NYSE:HWM - US4432011082 - Common Stock
174.1 USD
-2.06 (-1.17%)
174.1 USD
0 (0%)
Taking everything into account, HWM scores 7 out of 10 in our technical rating. 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.
HWM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Looking at the yearly performance, HWM did better than 90% 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 73% of 68 stocks in the same industry.
HWM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HWM is lagging the market slightly.
HWM has an average volume of 3245050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
HWM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 174.06, a Stop Loss order could be placed below this zone.
More info and screens
108.28
194.07
When analyzing the support we can see 4 important areas.
- A support zone ranging from 168.62 to 174.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @132.88 from a trend line in the weekly time frame.
- Support @118.84 from a trend line in the daily time frame.
- A support zone ranging from 109.37 to 110.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 190.50 to 192.15. 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 HWM is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HWM is down. |
| ChartMill Relative Strength | 90.03 | POSITIVE | HWM has a high relative strength, it outperformed 90.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HWM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HWM is below 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) | 44.56 | NEUTRAL | The RSI value for HWM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests HWM has a positive trend. |
| Stochastics (14,3) | 45.36 | NEUTRAL | The Stochastics value for HWM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for HWM suggests some volalility. |
| Average Directional Index/ADX (14) | 32.89 | POSITIVE | The high ADX value value for HWM suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 177.47 | 169.44 | 8.03 (4.52%) | 22.10% |
| An entry @177.47. This is a Buy Stop order right above the 10 day high. | An exit @169.44. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 8.03 points, which is 4.52%. | For a 1.00% total portfolio risk, you can invest 22.10% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
174.1
-2.06 (-1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-1.17%
1 Week1.81%
2 Weeks1.66%
1 Month-5.51%
3 Month2.48%
6 Month27.45%
12 Month80.12%
2 Year251.93%
3 Year391.39%
5 Year893.72%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.93
ATR(20)%2.41%
ATR Inc-24.23%
Range Today4.02
ADR(20)4.19
ADR(20)%2.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.03
Mansfield1.72
10 Day High177.46
10 Day Low169.45
20 Day High186.55
20 Day Low169.45
52 Week High193.26
52 Week Low90.72
CS1 End174.06
CR1 Start190.5
Volume & EV
DER(3)0.8%
DER(5)1.09%
Volume1.67M
Volume Incr-16.56%
Vol(5)2.38M
Vol(50)3.25M