HOWMET AEROSPACE INC (HWM)

US4432011082 - Common Stock

116.98  -1.12 (-0.95%)

After market: 116.98 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, HWM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, HWM has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that HWM is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, HWM also shows a nice and consistent pattern of rising prices.
HWM is one of the better performing stocks in the Aerospace & Defense industry, it outperforms 85% of 65 stocks in the same industry.
A new 52 week high is currently being made by HWM, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month HWM has a been trading in the 98.83 - 119.28 range, which is quite wide. It is currently trading near the high of this range.
HWM has an average volume of 2303450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
HWM Weekly chart
HWM Daily chart
Setup Rating and Analysis

7

HWM 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. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.
Support and Resistance Analysis

87.72

118.15

4 important support areas can be observed.

  • A support zone ranging from 114.72 to 116.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 103.62 to 104.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 99.72 to 100.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @88.61 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.34
Mansfield3.38
10 Day High119.28
10 Day Low111.01
20 Day High119.28
20 Day Low98.83
52 Week High119.28
52 Week Low51.47
Performance
1 Week3.32%
2 Weeks5.18%
1 Month16.26%
3 Month20.5%
6 Month38.08%
12 Month123.8%
2 Year210.54%
3 Year315.86%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.6
RSI(14)65.61
LBB102.42
UBB122.62
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
119.29114.714.58 (3.84%)25.00%
An entry @119.29. This is a Buy Stop order right above the 10 day high.An exit @114.71. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 4.58 points, which is 3.84%.For a 0.96% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of HWM. Please evaluate whether better entry and exit points can be found.
  • 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.
HWM Daily chart

HOWMET AEROSPACE INC

NYSE:HWM (11/21/2024, 6:30:00 PM)

After market: 116.98 0 (0%)

116.98

-1.12 (-0.95%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-0.95%
1 Week3.32%
2 Weeks5.18%
1 Month16.26%
3 Month20.5%
6 Month38.08%
12 Month123.8%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.52
ATR(20)%2.59%
ATR Inc
Range Today2.34
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High119.28
10 Day Low111.01
20 Day High119.28
20 Day Low98.83
52 Week High119.28
52 Week Low51.47
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.98M
Volume Incr7.18%
Vol(5)2.55M
Vol(50)2.30M