Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Hudbay Minerals Inc. Ordinary Shares (Canada) (NYSE:HBM)

Countertrend Up (+85) - HBM is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid HBM?

MarketClub looks at technical strength and momentum to determine if the timing is right for HBM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_HBM
Open High Low HBM Price Change
8.290 8.520 8.250 8.445 -0.035
Entry Signal

MarketClub’s Trade Triangles for HBM

long term up The long-term trend has been UP since Dec 14th, 2023 at 5.150

intermediate term up The intermediate-term trend has been UP since Feb 27th, 2024 at 5.760

short term down The short-term trend has been DOWN since May 8th, 2024 at 8.315

Smart Scan Analysis for HBM

Based on our trend formula, HBM is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for HBM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.290 8.520 8.250 8.445 -0.035
Prev. Close Volume Bid Ask Time
8.480 1341765 2024-05-08 15:59:39
Year High10.25Year High Date2018-01-17
Year Low3.44Year Low Date2018-10-30
52wk High8.84552wk High Date2024-04-29
52wk Low3.9452wk Low Date2023-11-10
Year End Close10.07Average Volume3,064,640
Shares Outstanding235,232Short Interest521,532
% Institutional67.7Market Cap971M
Assets531,263,400MLiabilities321,582,300M
P/E Ratio38.5455Beta1.65
Volatility84.9
Get a free daily analysis and signals for Hudbay Minerals Inc. Ordinary Shares (Canada) (HBM) - Request Your Free Report.