Harmony Gold Mining Company Limited (NYSE:HMY) 14-day RSI (relative strength index) score is 58.7, which shows that its stock has been neutral. The 20-day historical volatility for the company shares stand at 49.95 percent, which is high when compared to that of the 50-day’s 47.67 percent. The first technical resistance point for the stock will likely come at $1.89, marking a 2.12% premium to the current level. The second resistance point is at $1.94, about 4.64% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $1.8, the lower end of the range. HMY’s 14-day MACD is 0.06 and this positive figure indicates an upward trading trend.
Harmony Gold Mining Company Limited (HMY) trade volume has decreased by -37.46% as around 2,154,250 shares were sold when compared with its 50-day average volume of traded shares which is 3,444,486. At the moment, HMY is witnessing a uptrend, as it is trading 4.76% above its 20-day SMA, 10.21% above its 50-day SMA, and 0.43% above its 200-day SMA. The company runs an ROE of roughly 1.2%, with financial analysts predicting that their earnings per share growth will be around 0% per annum for the next five year. This will be compared to the 5.1% increase witnessed over the past five years.
The last few days have been rough for Harmony Gold Mining Company Limited (NYSE:HMY), as its price has decreased by -2.12% during the week. It has also performed better over the past three months, as it added around 14.91% while it has so far retreated around -0.54% during the course of a year. The price of the stock went down by -$0.02 now trading at $1.85. Their shares witnessed a 30.28% increase from the 52-week low price of $1.42 they recorded on 2018-08-16. Even though it is still -36.76% behind the $2.53 high touched on 2018-03-26. The stock of HMY recorded -1.07% downtrend from the beginning of this year till date. The 12-month potential price target for Harmony Gold Mining Company Limited is set at $2.43. This target means that the stock has an upside potential to increase by 31.35% from the current trading price.