HOWMET AEROSPACE INC (HWM) Stock Technical Analysis
USA - New York Stock Exchange - 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.
Besides having an excellent technical rating, HWM 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 197.27, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
144.14
We found 4 important support areas.
- A support zone ranging from 194.76 to 197.27. This zone is formed by a combination of multiple trend lines and important moving averages 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 @145.60 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important 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 | 93.05 | POSITIVE | HWM has a high relative strength, it outperformed 93.05% 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) | 55.17 | NEUTRAL | The RSI value for HWM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.97 | NEGATIVE | The MACD value suggests HWM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.97 | NEUTRAL | The Stochastics value for HWM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for HWM suggests some volalility. |
| Average Directional Index/ADX (14) | 15.4 | 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 | 194.75 | 15.01 (7.16%) | 13.97% |
| An entry @209.76. This is a Buy Stop order right above the resistance zone. | An exit @194.75. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 15.01 points, which is 7.16%. | For a 1.00% total portfolio risk, you can invest 13.97% 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.
203.68
+3.56 (+1.78%)
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 55.1664. 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 -0.965162, 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 197.27 and a resistance level at 206.67. Check the full technical report for our detailed analysis of HWM support and resistance levels.