HOWMET AEROSPACE INC (HWM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HWM - US4432011082 - Common Stock
Overall HWM gets a technical rating of 10 out of 10. 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.
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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148.01
When analyzing the support we can see 4 important areas.
- A support zone ranging from 197.12 to 199.24. 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 192.53. 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 @149.51 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 208.18 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 | UP | POSITIVE | The short term trend for HWM is up. |
| ChartMill Relative Strength | 92.91 | POSITIVE | HWM has a high relative strength, it outperformed 92.91% 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) | 62.13 | NEUTRAL | The RSI value for HWM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.16 | POSITIVE | The MACD value suggests HWM has a positive trend. |
| Stochastics (14,3) | 84.97 | OVERBOUGHT | The high Stochastics value suggests HWM may be overbought. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for HWM suggests some volalility. |
| Average Directional Index/ADX (14) | 16.69 | NEGATIVE | The low ADX value for HWM suggests a weak or negative trend. |
208.17
+4.68 (+2.3%)
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 62.1269. 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 1.16176, indicating a bullish trend.
Can you provide the support and resistance levels for HOWMET AEROSPACE INC?
HOWMET AEROSPACE INC (HWM) has a support level at 199.24 and a resistance level at 208.18. Check the full technical report for our detailed analysis of HWM support and resistance levels.