Taking everything into account, HYMC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HYMC is showing a nice and steady performance.
- In the last month HYMC has a been trading in the 26.02 - 58.73 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the yearly performance of all stocks, we notice that HYMC is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by HYMC over the past year are nicely spread over this period.
- HYMC is part of the Metals & Mining industry. There are 157 other stocks in this industry. HYMC outperforms 100% of them.
- HYMC has an average volume of 4805930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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.
Although HYMC 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.
More info and screens
33.37
When analyzing the support we notice one important area.
- Support @33.71 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 HYMC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HYMC is neutral. |
| ChartMill Relative Strength | 99.92 | POSITIVE | HYMC has a high relative strength, it outperformed 99.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HYMC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HYMC is above 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) | 48.54 | NEUTRAL | The RSI value for HYMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.09 | NEGATIVE | The MACD value suggests HYMC has a negative trend. |
| Stochastics (14,3) | 13.49 | OVERSOLD | The low Stochastics value suggests HYMC may be oversold. |
| Average True Range in percent/ATR (20) | 18.52 | HIGH VOLATILITY | The high ATR as a percentage value for HYMC suggests high volalility. |
| Average Directional Index/ADX (14) | 40.21 | POSITIVE | The high ADX value value for HYMC suggests a strong trend. |
34.59
+0.87 (+2.58%)
HYCROFT MINING HOLDING CO-A / HYMC FAQ
What is the ChartMill technical rating of HYCROFT MINING HOLDING CO-A (HYMC) stock?
ChartMill assigns a technical rating of 10 / 10 to HYMC.
Can you provide the trend direction for HYCROFT MINING HOLDING CO-A?
The current trend direction for HYCROFT MINING HOLDING CO-A (HYMC) is Bullish.
What is the RSI signal for HYMC stock?
HYCROFT MINING HOLDING CO-A (HYMC) has an RSI value of 48.5379. This indicates that the stock is currently neutral.
What is the MACD signal for HYCROFT MINING HOLDING CO-A (HYMC) stock?
The MACD indicator for HYCROFT MINING HOLDING CO-A (HYMC) has a value of -2.08725, indicating a bearish trend.