HOWMET AEROSPACE INC (HWM) Stock Technical Analysis
NYSE:HWM • US4432011082
We assign a technical rating of 10 out of 10 to HWM. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- 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. We also observe that the gains produced by HWM over the past year are nicely spread over this period.
- HWM is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month HWM has a been trading in the 204.55 - 233.60 range, which is quite wide. It is currently trading near the high of this range.
- HWM has an average volume of 2496640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- HWM is an average performer in the Aerospace & Defense industry, it outperforms 62% of 73 stocks in the same industry.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although HWM has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
188.59
3 important support areas can be observed.
- A support zone ranging from 204.30 to 217.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @200.41 from a trend line in the daily time frame.
- Support @190.49 from a horizontal line in the daily time frame.
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 | 90.81 | POSITIVE | HWM has a high relative strength, it outperformed 90.81% 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) | 66.78 | NEUTRAL | The RSI value for HWM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.31 | POSITIVE | The MACD value suggests HWM has a positive trend. |
| Stochastics (14,3) | 90.04 | OVERBOUGHT | The high Stochastics value suggests HWM may be overbought. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for HWM suggests some volalility. |
| Average Directional Index/ADX (14) | 18.67 | NEGATIVE | The low ADX value for HWM suggests a weak or negative trend. |
230.85
+6.38 (+2.84%)
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.
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 66.7786. 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 1.31261, indicating a bullish trend.
Can you provide the buy/sell signal for HOWMET AEROSPACE INC?
The buy/sell signal for HOWMET AEROSPACE INC (HWM) is buy as both the short term and long term trends are positive.