HOWMET AEROSPACE INC (HWM)

US4432011082 - Common Stock

64.8  +0.1 (+0.15%)

Premarket: 65.36 +0.56 (+0.86%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to HWM. 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.

In the last month HWM has a been trading in the 62.80 - 68.73 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that HWM is one of the better performing stocks in the market, outperforming 90% 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 64 other stocks in this industry. HWM outperforms 74% 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 3382140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
HWM Weekly chart
HWM Daily chart
Setup Rating and Analysis

7

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 63.91, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

45.78

70.07

3 important support areas can be observed.

  • A support zone ranging from 62.93 to 63.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @48.74 from a trend line in the weekly time frame.
  • Support @46.24 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 68.43 to 69.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.33
Mansfield1.27
10 Day High65.64
10 Day Low62.8
20 Day High68.74
20 Day Low62.8
52 Week High69.55
52 Week Low42.18
Performance
1 Week2.05%
2 Weeks-1.2%
1 Month-4.82%
3 Month16.9%
6 Month50.38%
12 Month46.31%
2 Year89.92%
3 Year102.75%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)49.21
LBB62.33
UBB66.6
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
65.6562.922.73 (4.15%)24.09%
An entry @65.65. This is a Buy Stop order right above the 10 day high.An exit @62.92. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 2.73 points, which is 4.15%.For a 1.00% total portfolio risk, you can invest 24.09% 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.
HWM Daily chart

HOWMET AEROSPACE INC

NYSE:HWM (4/25/2024, 7:04:00 PM)

Premarket: 65.36 +0.56 (+0.86%)

64.8

+0.1 (+0.15%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg0.15%
1 Week2.05%
2 Weeks-1.2%
1 Month-4.82%
3 Month16.9%
6 Month50.38%
12 Month46.31%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.44
ATR(20)%2.29%
ATR Inc
Range Today1.3
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High65.64
10 Day Low62.8
20 Day High68.74
20 Day Low62.8
52 Week High69.55
52 Week Low42.18
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.28M
Volume Incr-12.12%
Vol(5)2.72M
Vol(50)3.38M