HYCROFT MINING HOLDING CO-A (HYMC) Technical Analysis
NASDAQ:HYMC • US44862P2083
Current stock price
HYMC Technical Rating and Analysis
Taking everything into account, HYMC scores 7 out of 10 in our technical rating. 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 29.21 - 55.75 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.
- Looking at the yearly performance, HYMC did better than 99% of all other 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 99% of them.
- HYMC has an average volume of 5165930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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 currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so HYMC is lagging the market slightly.
HYMC Weekly and Daily overview Charts
HYMC Setup Rating and Analysis
Although HYMC has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
HYMC Support and Resistance Analysis
29.70
When analyzing the resistance we notice one important area.
- Resistance @54.85 from a horizontal line in the daily time frame.
HYMC Technical Indicator Signal Analysis
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 | 99.66 | POSITIVE | HYMC has a high relative strength, it outperformed 99.66% 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) | 37.02 | NEUTRAL | The RSI value for HYMC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.8 | NEGATIVE | The MACD value suggests HYMC has a negative trend. |
| Stochastics (14,3) | 4.67 | OVERSOLD | The low Stochastics value suggests HYMC may be oversold. |
| Average True Range in percent/ATR (20) | 17.27 | HIGH VOLATILITY | The high ATR as a percentage value for HYMC suggests high volalility. |
| Average Directional Index/ADX (14) | 18.64 | NEGATIVE | The low ADX value for HYMC suggests a weak or negative trend. |
HYMC Chart- and CandleStick Pattern Analysis
HYMC Technicals: Chart, Performance Metrics, Trend & Indicators
30
-1.76 (-5.54%)
HYCROFT MINING HOLDING CO-A / HYMC TA FAQ
What is the ChartMill technical rating of HYCROFT MINING HOLDING CO-A (HYMC) stock?
ChartMill assigns a technical rating of 7 / 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 37.0192. 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 -1.79797, indicating a bearish trend.
Can you provide the buy/sell signal for HYCROFT MINING HOLDING CO-A?
The buy/sell signal for HYCROFT MINING HOLDING CO-A (HYMC) is hold as the short term and long term trends are mixed.