HMYHarmony Gold Mining Co. Ltd.
Harmony Gold Mining Co. Ltd. NYSE
Trading Signals
Overall Signal
BUY
Strong buyish signal based on multiple indicators.
Key Price Levels
Support Levels
- Strong Support $12.68
- Medium Support $13.24
- Weak Support $13.81
Resistance Levels
- Weak Resistance $14.95
- Medium Resistance $15.52
- Strong Resistance $16.08
Stop Loss Suggestions
- Conservative $13.93
- Moderate $13.53
- Aggressive $12.96
Signal Breakdown
Indicator | Signal | Strength | Timeframe |
---|---|---|---|
Moving Averages | NEUTRAL |
|
Short & Medium Term |
Oscillators | SELL |
|
Short Term |
Trend Indicators | SELL |
|
Short & Medium Term |
Volume Indicators | BUY |
|
Short & Medium Term |
Support/Resistance | NEUTRAL |
|
Short Term |
Stock Price Prediction
Price Target Probabilities
Quarterly Outlook
Bullish Scenario
51.16% ProbabilityStrong upward momentum and confirmed bullish trend, with potential for significant price appreciation. Indicators point to sustained buying pressure. ADX (29.71) indicates a strong trend. +DI > -DI suggests strong bullish directional bias. RSI (58.78) is in bullish territory, indicating upward momentum. MACD line (1.43) is above Signal line (1.40) (bullish crossover), confirming upward momentum. Both lines are above zero, reinforcing bullish trend. Current Weekly ATR is 1.63, indicating the average weekly price range.
Base Scenario
44.19% ProbabilityPrice is likely to continue its moderate trajectory, reflecting underlying market conditions and historical volatility. Indicators suggest a balanced outlook. ADX (29.71) indicates a strong trend. +DI > -DI suggests strong bullish directional bias. RSI (58.78) is in bullish territory, indicating upward momentum. MACD line (1.43) is above Signal line (1.40) (bullish crossover), confirming upward momentum. Both lines are above zero, reinforcing bullish trend. Current Weekly ATR is 1.63, indicating the average weekly price range.
Bearish Scenario
4.65% ProbabilityIncreased selling pressure and potential for a significant price correction or downtrend. Indicators suggest waning bullish momentum or strengthening bearish forces. ADX (29.71) indicates a strong trend. +DI > -DI suggests strong bullish directional bias. RSI (58.78) is in bullish territory, indicating upward momentum. MACD line (1.43) is above Signal line (1.40) (bullish crossover), confirming upward momentum. Both lines are above zero, reinforcing bullish trend. Current Weekly ATR is 1.63, indicating the average weekly price range.
Annual Outlook
Bullish Scenario
51.16% ProbabilityLong-term bullish trend with strong fundamental catalysts and sustained institutional buying. Expect significant capital appreciation over the year. ADX (29.71) indicates a strong trend. +DI > -DI suggests strong bullish directional bias. RSI (58.78) is in bullish territory, indicating upward momentum. MACD line (1.43) is above Signal line (1.40) (bullish crossover), confirming upward momentum. Both lines are above zero, reinforcing bullish trend. Current Weekly ATR is 1.63, indicating the average weekly price range.
Base Scenario
44.19% ProbabilitySteady long-term growth consistent with market and industry averages. Price expected to follow a typical growth trajectory. ADX (29.71) indicates a strong trend. +DI > -DI suggests strong bullish directional bias. RSI (58.78) is in bullish territory, indicating upward momentum. MACD line (1.43) is above Signal line (1.40) (bullish crossover), confirming upward momentum. Both lines are above zero, reinforcing bullish trend. Current Weekly ATR is 1.63, indicating the average weekly price range.
Bearish Scenario
4.65% ProbabilityLong-term bearish trend with significant headwinds from economic factors, industry disruption, or company-specific issues. Expect notable price depreciation. ADX (29.71) indicates a strong trend. +DI > -DI suggests strong bullish directional bias. RSI (58.78) is in bullish territory, indicating upward momentum. MACD line (1.43) is above Signal line (1.40) (bullish crossover), confirming upward momentum. Both lines are above zero, reinforcing bullish trend. Current Weekly ATR is 1.63, indicating the average weekly price range.
Technical Analysis
Trend Identification
EMA
Exponential Moving Average
Current price (14.38) is below both Short MA (14.85) and Long MA (15.10). This indicates strong bearish momentum. Short MA (14.85) is below Long MA (15.10), a bearish crossover ('Death Cross' if it's a significant period). This indicates a downward trend. MAs (14.85, 15.10, 13.68) show mixed alignment, suggesting market indecision or range-bound activity. Consider short positions. Use the MAs as dynamic resistance levels.
MACD
Moving Average Convergence Divergence
MACD line is below the Signal line (bearish crossover). This indicates downward momentum. Histogram (-0.0400) is negative and expanding, confirming bearish momentum. Both MACD and Signal lines are below the zero line, reinforcing bearish momentum (bearish territory). This is a strong sell signal. Consider short positions.
ADX
Average Directional Index
ADX (8.75) indicates a weak or non-existent trend (ranging market). +DI (29.79) is above -DI (29.36), suggesting a bullish directional bias. Avoid trend-following strategies. Consider range-bound or reversal strategies, or wait for a clearer trend to develop.
Momentum Measurement
RSI
Relative Strength Index
RSI (45.41) is in the bearish territory, but not yet oversold. This indicates downward momentum. Monitor for continuation or signs of strength.
Stochastic
Stochastic Oscillator
Stochastics (%K: 32.29, %D: 52.30) are in the neutral zone (between 20 and 80). A bearish crossover (%K below %D) is observed. This indicates downward momentum. Be cautious if it's already in the oversold region.
CCI
Commodity Channel Index
CCI (-99.73) is between -100 and 0. This indicates bearish momentum is present, but not yet extreme. A move below 0 from positive territory (bearish zero-line cross) can indicate a potential sell signal.
MACD
Momentum Perspective
MACD line is below the Signal line (bearish crossover). This indicates downward momentum. Histogram (-0.0400) is negative and expanding, confirming bearish momentum. Both MACD and Signal lines are below the zero line, reinforcing bearish momentum (bearish territory). This is a strong sell signal. Consider short positions.
Volatility Measurement
ATR
Average True Range
Current ATR is 0.6100. ATR indicates average volatility. Market conditions are relatively stable.
Bollinger Bands
Volatility Bands
Current price (14.38) is within the Bollinger Bands (14.05 - 15.66). This suggests the price is trading within its typical volatility range. Price is below the Middle Band (14.85), indicating short-term bearish bias. Bollinger Bands are wide. This indicates high volatility. Prices tend to revert to the mean after extended periods of high volatility.
Volume Analysis
OBV
On-Balance Volume
OBV (119321700.00) is rising, indicating buying pressure and accumulation. Price is rising and OBV is rising. This is bullish confirmation, indicating buying pressure supports the price increase. Consider holding long positions or initiating new ones. Volume is supporting the trend.
Risk Management & Potential Reversals
SAR
Parabolic Stop and Reverse
SAR points above price indicate bearish trend. Current SAR at 15.77 is 9.67% from price. Consider SAR as a potential take-profit level or to confirm a downtrend.
RSI
Reversal Perspective
Current RSI level is in neutral territory. No RSI divergence detected. Current RSI level doesn't suggest imminent reversal.
Stochastic
Neutral
Stochastic is in neutral territory (32.3). No clear overbought/oversold signal. Current crossover status: Bearish.
Bollinger Bands
Reversal Perspective
Bollinger Bands are widening, indicating high volatility and potential strong trend continuation.Price is in the lower half of the bands, suggesting a bearish bias.No indication of imminent volatility expansion or reversal.