HMY NEWS why is Harmony Gold Mining Company Limited price falling or rising

HMY NEWS reasons for why stock price of Harmony Gold Mining Company Limited is falling or rising

HMY Harmony Gold is falling or rising technical reasons

Technical analysis forecast for Harmony Gold Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Harmony Gold HMY at this time. Stock is falling and might fall more.

It appears as if Harmony Gold HMY gave a large move recently.

Stock of Harmony Gold (HMY) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Harmony Gold is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 9.5 as stoploss in an intra day buy trade for a target of 10.06. However, stock will show a bearish move below 9.5.

HMY Harmony Gold is falling or rising NEWS fundamental reasons

More announcements and NEWS

HMY Harmony Gold Mining Company Limited current price & indicator signals

Moving Averages for Harmony Gold Mining Company Limited

  • 5Day Average: 10.04
  • 12Day Average: 10.44
  • 20Day Average: 10.11
  • 50Day Average: 9.69
  • 100Day Average: 9.33
  • 150Day Average: 8.57
  • 200Day Average: 7.93

HMY Indicators & signals

Indicator MACD (12,26,9)

10.12, 9.98, 0.24
Indicator MACD is in positive zone

Indicator ADX (14)

8.33, 25, 29.55
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of HMY Harmony Gold Mining Company Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Fri Aug 2024 9.67 9.58 to 10.26 0% 1.42 times
30 Fri Aug 2024 9.67 9.58 to 10.26 -6.84% 1.42 times
29 Thu Aug 2024 10.38 10.27 to 10.49 1.67% 0.86 times
28 Wed Aug 2024 10.21 10.06 to 10.26 -0.39% 1.13 times
27 Tue Aug 2024 10.25 10.16 to 10.49 0.1% 1.13 times
26 Mon Aug 2024 10.24 10.21 to 10.53 -1.25% 0.86 times
23 Fri Aug 2024 10.37 10.23 to 10.58 -1.52% 1.3 times
22 Thu Aug 2024 10.53 10.44 to 10.86 -5.65% 0.8 times
21 Wed Aug 2024 11.16 10.96 to 11.23 -0.53% 0.76 times
20 Tue Aug 2024 11.22 11.11 to 11.37 2.65% 0.78 times
19 Mon Aug 2024 10.93 10.48 to 10.98 2.63% 0.97 times
16 Fri Aug 2024 10.65 10.19 to 10.66 5.13% 1.06 times

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HMY NEWS why is Harmony Gold Mining Company Limited price falling or rising

 

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