HOWMET AEROSPACE INC (HWM) Technical Analysis
NYSE:HWM • US4432011082
Current stock price
HWM Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to HWM. In the last year, HWM was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month HWM has a been trading in the 227.68 - 267.31 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that HWM is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, HWM also shows a nice and consistent pattern of rising prices.
- HWM is part of the Aerospace & Defense industry. There are 79 other stocks in this industry. HWM outperforms 70% of them.
- HWM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so HWM is performing more or less in line with the market.
- HWM has an average volume of 2799920 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 Weekly and Daily overview Charts
HWM Setup Rating and Analysis
Although HWM has an excellent technical rating, it does not offer a high quality setup 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
5 important support areas can be observed.
- A support zone ranging from 231.20 to 231.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 224.69 to 224.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @210.96 from a trend line in the weekly time frame.
- A support zone ranging from 205.02 to 206.89. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @190.49 from a horizontal line in the daily time frame.
We found 1 important resistance 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 | DOWN | NEGATIVE | The short term trend for HWM is down. |
| ChartMill Relative Strength | 92.6 | POSITIVE | HWM has a high relative strength, it outperformed 92.6% 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) | 38.35 | NEUTRAL | The RSI value for HWM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.82 | NEGATIVE | The MACD value suggests HWM has a negative trend. |
| Stochastics (14,3) | 14.13 | OVERSOLD | The low Stochastics value suggests HWM may be oversold. |
| Average True Range in percent/ATR (20) | 3.37 | MEDIUM VOLATILITY | The ATR as a percentage value for HWM suggests some volalility. |
| Average Directional Index/ADX (14) | 29.5 | POSITIVE | The high ADX value value for HWM suggests a strong trend. |
HWM Chart- and CandleStick Pattern Analysis
HWM Technicals: Chart, Performance Metrics, Trend & Indicators
231.21
-1.73 (-0.74%)
HOWMET AEROSPACE INC / HWM TA FAQ
Can you provide the ChartMill technical rating for HOWMET AEROSPACE INC?
ChartMill assigns a technical rating of 8 / 10 to HWM.
Can you provide the trend direction for HOWMET AEROSPACE INC?
The current trend direction for HOWMET AEROSPACE INC (HWM) is Bullish.
What is the RSI signal for HOWMET AEROSPACE INC (HWM) stock?
HOWMET AEROSPACE INC (HWM) has an RSI value of 38.3509. 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 -3.81612, indicating a bearish trend.
Can you provide the buy/sell signal for HOWMET AEROSPACE INC?
The buy/sell signal for HOWMET AEROSPACE INC (HWM) is hold as the short term and long term trends are mixed.