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Harmony Gold Mining Company Limited

HGMCF•PNK
Basic Materials
Gold
$21.90
$2.08(10.49%)
U.S. Market opens in 14h 55m

Harmony Gold Mining Company Limited (HGMCF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Harmony Gold Mining Company Limited (PNK:HGMCF).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

HGMCF Technical Analysis Summary

Harmony Gold Mining Company Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 35.30)
Trend Strength:Strong (ADX: 30.18)
Volatility:Medium (ATR: 0.46)
Support/Resistance:$18.08 – $25.82 (Bollinger Bands)

This mix signals that Harmony Gold Mining Company Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 35.30

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 18.72

Bullish
Oversold zone signals rebound potential.

Williams %R: -71.92

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -4.89

Bearish
Selling pressure outweighs buying.

Takeaway:Harmony Gold Mining Company Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.67

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 30.18

Strong
Strong trend, momentum well established.

ATR (14): 0.46

Low
Low volatility, stable price action.

CCI (14): -83.22

Bearish
Bearish, momentum remains under pressure.

Takeaway:Harmony Gold Mining Company Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$25.82
Middle Band (SMA 20)
$21.95
Lower Band
$18.08
Current Position
Within Bands

Takeaway:Harmony Gold Mining Company Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$22.31
Middle Line (EMA 20)
$21.39
Lower Channel
$20.46
Squeeze Status
No Squeeze

Takeaway:Harmony Gold Mining Company Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume28.67K
Money Flow Index78.90Bullish, inflows support continued momentum.
Relative Vigor Index23.60Bearish, price momentum favors sellers.

Overall Takeaway:HGMCF shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Harmony Gold Mining Company Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Harmony Gold Mining Company Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ