HYCROFT MINING HOLDING CORP (HYMC) Stock Technical Analysis
NASDAQ:HYMC - Nasdaq - US44862P2083 - Common Stock - Currency: USD
Overall HYMC gets a technical rating of 7 out of 10. In the last year, HYMC was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month HYMC has a been trading in the 3.22 - 4.14 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, HYMC did better than 86% of all other stocks. On top of that, HYMC also shows a nice and consistent pattern of rising prices.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
HYMC is part of the Metals & Mining industry. There are 157 other stocks in this industry, HYMC did better than 55% of them.
HYMC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HYMC is lagging the market.
HYMC has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. We notice that large players showed an interest for HYMC in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
2.11
3.99
We found 5 important support areas.
- Support @3.32 from a trend line in the daily time frame.
- Support @3.25 from a horizontal line in the daily time frame.
- Support @3.03 from a trend line in the daily time frame.
- Support @2.20 from a trend line in the weekly time frame.
- Support @2.13 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.61 to 3.65. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.73 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.93 to 3.95. 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 HYMC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HYMC is down. |
| ChartMill Relative Strength | 86.48 | POSITIVE | HYMC has a high relative strength, it outperformed 86.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HYMC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of HYMC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HYMC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.53 | NEUTRAL | The RSI value for HYMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HYMC has a negative trend. |
| Stochastics (14,3) | 27.8 | NEUTRAL | The Stochastics value for HYMC is a neutral value. |
| Average True Range in percent/ATR (20) | 6.26 | HIGH VOLATILITY | The high ATR as a percentage value for HYMC suggests high volalility. |
| Average Directional Index/ADX (14) | 11.43 | NEGATIVE | The low ADX value for HYMC suggests a weak or negative 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)
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 |
|---|---|---|---|
| 3.66 | 3.31 | 0.35 (9.56%) | 10.46% |
| An entry @3.66. This is a Buy Stop order right above the resistance zone. | An exit @3.31. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.35 points, which is 9.56%. | For a 1.00% total portfolio risk, you can invest 10.46% 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.
3.46
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-0.29%
2 Weeks-3.35%
1 Month-11.73%
3 Month-0.57%
6 Month35.69%
12 Month62.44%
2 Year-1.14%
3 Year-56.76%
5 Year-96.09%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%6.26%
ATR Inc-17.06%
Range Today0.14
ADR(20)0.21
ADR(20)%6.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.48
Mansfield1.51
10 Day High3.74
10 Day Low3.22
20 Day High4.14
20 Day Low3.22
52 Week High4.7
52 Week Low1.95
CS1 End3.32
CR1 Start3.61
Volume & EV
DER(3)-0.53%
DER(5)3.47%
Volume397.90K
Volume Incr-20.54%
Vol(5)428.12K
Vol(50)631.45K