HOWMET AEROSPACE INC (HWM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HWM - US4432011082 - Common Stock
Overall HWM gets a technical rating of 9 out of 10. 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.
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147.04
4 important support areas can be observed.
- A support zone ranging from 195.67 to 198.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 190.49 to 190.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @168.62 from a horizontal line in the daily time frame.
- Support @148.53 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 206.67 to 209.75. 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 | NEUTRAL | NEUTRAL | The short term trend for HWM is neutral. |
| ChartMill Relative Strength | 92.3 | POSITIVE | HWM has a high relative strength, it outperformed 92.3% 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) | 57.57 | NEUTRAL | The RSI value for HWM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.52 | POSITIVE | The MACD value suggests HWM has a positive trend. |
| Stochastics (14,3) | 57.53 | NEUTRAL | The Stochastics value for HWM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for HWM suggests some volalility. |
| Average Directional Index/ADX (14) | 16.25 | NEGATIVE | The low ADX value for HWM suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 209.76 | 195.66 | 14.10 (6.72%) | 14.88% |
| An entry @209.76. This is a Buy Stop order right above the resistance zone. | An exit @195.66. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 14.10 points, which is 6.72%. | When investing 14.88% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
203.49
+5.49 (+2.77%)
HOWMET AEROSPACE INC / HWM FAQ
Can you provide the ChartMill technical rating for HOWMET AEROSPACE INC?
ChartMill assigns a technical rating of 9 / 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 57.5736. 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 0.519975, 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 198.76 and a resistance level at 206.67. Check the full technical report for our detailed analysis of HWM support and resistance levels.