HOWMET AEROSPACE INC (HWM) Stock Technical Analysis
NYSE:HWM - New York Stock Exchange, Inc. - US4432011082 - Common Stock - Currency: USD
Taking everything into account, HWM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, HWM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, HWM did better than 96% of all other stocks. We also observe that the gains produced by HWM over the past year are nicely spread over this period.
HWM is part of the Aerospace & Defense industry. There are 65 other stocks in this industry. HWM outperforms 82% of them.
HWM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
HWM has an average volume of 2974000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month HWM has a been trading in the 155.22 - 177.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
108.28
177.13
We found 5 important support areas.
- A support zone ranging from 167.76 to 168.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @122.11 from a trend line in the weekly time frame.
- Support @118.86 from a trend line in the daily time frame.
- Support @115.23 from a trend line in the daily time frame.
- A support zone ranging from 109.37 to 110.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 175.38 to 175.38. 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 | UP | POSITIVE | The short term trend for HWM is up. |
| ChartMill Relative Strength | 96.48 | POSITIVE | HWM has a high relative strength, it outperformed 96.48% 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) | 61.3 | NEUTRAL | The RSI value for HWM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.93 | NEGATIVE | The MACD value suggests HWM has a negative trend. |
| Stochastics (14,3) | 71.21 | NEUTRAL | The Stochastics value for HWM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.13 | MEDIUM VOLATILITY | The ATR as a percentage value for HWM suggests some volalility. |
| Average Directional Index/ADX (14) | 36.94 | POSITIVE | The high ADX value value for HWM suggests a strong trend. |
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)
170.74
+2.12 (+1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg1.26%
1 Week-2.31%
2 Weeks-0.63%
1 Month7.43%
3 Month33.29%
6 Month48.66%
12 Month113.61%
2 Year240.23%
3 Year436.15%
5 Year963.85%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.62
ATR(20)%2.13%
ATR Inc53.44%
Range Today6.59
ADR(20)3.48
ADR(20)%2.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.48
Mansfield3.79
10 Day High177.25
10 Day Low166.87
20 Day High177.25
20 Day Low155.22
52 Week High177.25
52 Week Low76.83
CS1 End168.61
CR1 Start175.38
Volume & EV
DER(3)-1.07%
DER(5)-1.28%
Volume2.96M
Volume Incr-10.05%
Vol(5)2.62M
Vol(50)2.97M