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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
$17.00
$0.14(0.83%)
Canadian Market opens in 21h 18m

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 neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 54.30)
Trend Strength:Weak (ADX: 17.53)
Volatility:Medium (ATR: 0.61)
Support/Resistance:$15.11 – $18.14 (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): 54.30

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 60.89

Bullish
Buying momentum building without extremes.

Williams %R: -31.68

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 1.53

Bullish
Steady upward momentum.

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

Trend & Volatility

MACD: 0.16

Bullish
Bullish, trend momentum is strengthening.

ADX: 17.53

Weak
Weak trend, market trading sideways.

ATR (14): 0.61

Low
Low volatility, stable price action.

CCI (14): 27.13

Bullish
Bullish, momentum building upward.

Takeaway:Hammond Manufacturing Company Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$18.14
Middle Band (SMA 20)
$16.62
Lower Band
$15.11
Current Position
Within Bands

Takeaway:Hammond Manufacturing Company Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$18.15
Middle Line (EMA 20)
$16.92
Lower Channel
$15.69
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 Volume658.76K
Money Flow Index83.92Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index64.44Bullish, price momentum strongly favors buyers.

Overall Takeaway:HMM-A.TO shows overheated money flow, with risk of pullback from overbought conditions.

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.

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

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

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