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Hammond Manufacturing Company Limited

HMM-A.TO Technical Analysis Summary (TSX)

Analyze HMM-A.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

HMM-A.TO●TSX
IndustrialsElectrical Equipment & Parts
$22.61
$0.63(2.71%)
Canadian Market opens in NaNh NaNm

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

HMM-A.TO Technical Analysis Summary (TSX)

Hammond Manufacturing Company Limited (TSX: HMM-A.TO) stock currently shows a bullish trend on the TSX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 63.17)
Trend Strength:Strong (ADX: 39.30)
Volatility:Medium (ATR: 0.90)
Support/Resistance:$19.54 – $24.84 (Bollinger Bands)

Technical conditions suggest Hammond Manufacturing Company Limited on the TSX is awaiting a decisive move. This mix signals that Hammond Manufacturing Company Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 63.17

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 67.34

Bullish
Buying momentum building without extremes.

Williams %R: -38.87

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 3.14

Bullish
Steady upward momentum.

Takeaway:Hammond Manufacturing Company Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 1.21

Bullish
Bullish, trend momentum is strengthening.

ADX: 39.30

Strong
Strong trend, momentum well established.

ATR (14): 0.90

Low
Low volatility, stable price action.

CCI (14): 106.04

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Hammond Manufacturing Company Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$24.84
Middle Band (SMA 20)
$22.19
Lower Band
$19.54
Current Position
Within Bands

Takeaway:Hammond Manufacturing Company Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$23.63
Middle Line (EMA 20)
$21.82
Lower Channel
$20.01
Squeeze Status
No Squeeze

Takeaway:Hammond Manufacturing Company Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume336.31K
Money Flow Index49.49Neutral, balanced money flows with no clear signal.
Relative Vigor Index53.57Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:HMM-A.TO shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Hammond Manufacturing Company Limited (TSX: HMM-A.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

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

Overall Recommendation:Technical indicators for Hammond Manufacturing Company Limited are mixed, suggesting a Hold or wait-and-see approach.

(TSX: HMM-A.TO) Technical Analysis FAQ