HOWMET AEROSPACE INC (HWM) Stock Technical Analysis
USA - NYSE:HWM - US4432011082 - Common Stock
Taking everything into account, HWM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HWM is showing a nice and steady performance.
Although HWM has an excellent technical rating, the quality of the presented setup is not ideal 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
140.26
We found 5 important support areas.
- A support zone ranging from 192.37 to 194.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 184.08 to 184.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @175.95 from a horizontal line in the daily time frame.
- Support @168.62 from a horizontal line in the daily time frame.
- Support @141.68 from a trend line in the weekly time frame.
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 | 92.46 | POSITIVE | HWM has a high relative strength, it outperformed 92.46% 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) | 64.84 | NEUTRAL | The RSI value for HWM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.94 | POSITIVE | The MACD value suggests HWM has a positive trend. |
| Stochastics (14,3) | 76.22 | NEUTRAL | The Stochastics value for HWM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for HWM suggests some volalility. |
| Average Directional Index/ADX (14) | 17.55 | NEGATIVE | The low ADX value for HWM suggests a weak or negative trend. |
205.95
+4.18 (+2.07%)
HOWMET AEROSPACE INC / HWM 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 trend direction for HWM stock?
The current trend direction for HOWMET AEROSPACE INC (HWM) is Bullish.
Can you provide the RSI signal for HOWMET AEROSPACE INC?
HOWMET AEROSPACE INC (HWM) has an RSI value of 64.8371. This indicates that the stock is currently neutral.
What is the MACD signal for HWM stock?
The MACD indicator for HOWMET AEROSPACE INC (HWM) has a value of 0.944058, indicating a bearish trend.
Can you provide the support and resistance levels for HOWMET AEROSPACE INC?
HOWMET AEROSPACE INC (HWM) has a support level at 194.84. Check the full technical report for our detailed analysis of HWM support and resistance levels.