Technical analysis from Hudbay Minerals Inc (HBM.TO.TO, TSE:HBM.TO) on the Toronto Stock Exchange (TSX). Download the latest price data & trading signals

Hudbay Minerals Inc
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HBM Basic Candle: Black
Black Candle /
HBM Basic Candle: Black

[BEARISH]: Hudbay Minerals Inc has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Daily trading performance for HBM has initiated a short term downtrend
Close Tod Vs Close Yest /
Daily trading performance for HBM has initiated a short term downtrend

[BEARISH]: Hudbay Minerals Incsellers are keener than buyers and are driving the price down. This is the first day of price decline for HBM adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -5.3 & the greatest daily negative change this year has been -5.3. The longest consecutive downswing rally over the last 12 months has been 4 days giving a total rally downward movement of -9.9%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -9.2%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1.1x. Over the last month the average daily downward movement has been -3.6%

Camarilla Pivot Points /
Hudbay Minerals Inc has moved below the S1 Camarilla pivot point ($9.611) [Bearish]

Hudbay Minerals Inc has broken the first Camarilla support point ($9.611) [Bearish]. Look for a short limit order entry near this point. Exit price for HBM should be set @$8.732 & short position stoploss for Hudbay Minerals Inc should be set between $12.248 & $13.127

Fibonacci Extensions /
Hudbay Minerals Inc: Look for a long limit order entry @$16.02

Hudbay Minerals Inc has moved below the 161.8% level ($16.02) [Bullish]. Look for a long limit order entry near this point. Exit price for HBM should be set @$13.7 & Stoploss for Hudbay Minerals Inc should be set at $18.34

Percentage Volume /
HBM: Percentage Volume Oscillator [Bullish Crossover]

HBM: PVO Current Signal -> (1) 16 Feb: BULLISH CROSSOVER (2) 16 Feb: BEARISH (3) 16 Feb: BEARISH

Average Directional Movement /
[Strong Trend]: Average Directional Index (28.04) strong trend has been confirmed for HBM

[Trend]: ADX for HBM has confirmed a strong trend is presentHudbay Minerals Inc has an ATR(14) of 0.511, a DX of 9.72 & an ADX(14) of 28.04

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Aroon Oscillator /
Aroon oscillator for Hudbay Minerals Inc has signalled a strong downtrend is active

[BEARISH]: Hudbay Minerals Inc has a current ARU(25) of 12 and a current ARD(25) of 80

[Bearish]: Hudbay Minerals Inc has failed beat previous low by -2.2 %
Low Price /
[Bearish]: Hudbay Minerals Inc has failed beat previous low by -2.2 %

HBM: LOW Recent Trading -> (1) 16 Feb: 10.35 (2) 15 Feb: 10.58 (3) 14 Feb: 9.85

Hudbay Minerals Inc: Volume rate of Change (14)
Volume Rate of Change /
Hudbay Minerals Inc: Volume rate of Change (14)

[BEARISH]: Hudbay Minerals Inc currently has negative rate of change of -46%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -2.2%.

MACD Volume /
Volume MACD for Hudbay Minerals Inc is now gaining momentum @13041)

[BULLISH CROSSOVER]: Hudbay Minerals Inc currently has positive Volume MACD of 13041. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Volume /
[Bearish]: Lower volume has formed for HBM by -53.6 during the last trading session

HBM: VOLUME Recent Trading -> (1) 16 Feb: 1.15904e+006 (2) 15 Feb: 2.49879e+006 (3) 14 Feb: 3.3975e+006

Ease of Movement /
Price dipped caused by low volume trading for Hudbay Minerals Inc during last trading session

HBM: EOM Recent Trading -> (1) 16 Feb: -9.124 (2) 16 Feb: 26.741 (3) 16 Feb: 14.226

[Buying Pressure]: ERI has increased for Hudbay Minerals Inc during the last trading session
Elder Ray Index /
[Buying Pressure]: ERI has increased for Hudbay Minerals Inc during the last trading session

[BULLISH]: Hudbay Minerals IncElder Ray Index is signalling a Bullish movementERI is 0.389 indicating bull power. Prices are being driven above the consensus of value for HBM during the last trading session [Buying Pressure]

CMF Crossover from decreased selling pressure for Hudbay Minerals Inc
Chaikin Money Flow /
CMF Crossover from decreased selling pressure for Hudbay Minerals Inc

[BEARISH CROSSOVER]: Hudbay Minerals Inc current price has highlighted recent selling pressure and the start of a bearish trading conditions. Currently, the CMF is -0.05. During the quarter, the lowest CMF value was -0.27

Opening Price /
Hudbay Minerals Inc: Daily opening price is $10.67

[BEARISH]: Hudbay Minerals Inc opening price has gapped down. Currently, the OPEN is $10.67 (-0.7 %).

Rate of Change /
Hudbay Minerals Inc: Rate of Change (14)

HBM: ROC Current Signal -> (1) 16 Feb: BEARISH (2) 16 Feb: BEARISH (3) 16 Feb: BEARISH

Open Tod Vs Close Tod /
Hudbay Minerals Inc: Sellers were in control all day.

[BEARISH STRONG]: Hudbay Minerals Inc opened in the upper part of daily range at 71.1% & closed in the lower part of the trading range at 31.1%. This suggests the sellers were in control all day. Over the last 12 months there has been 11 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 17.5%. Over the last month there has been 5 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 45.5%.

Hudbay Minerals Inc: Direction, extent & volume have increased in recent trading [Buying Pressure]
Elders Force Index /
Hudbay Minerals Inc: Direction, extent & volume have increased in recent trading [Buying Pressure]

[BULLISH]: Hudbay Minerals Inc current price has highlighted recent buying pressure. Currently, the Elders Force Index is 84546.

[Short]: Exit price for HBM should be set @$10.195
Demarks Pivot Points /
[Short]: Exit price for HBM should be set @$10.195

Hudbay Minerals Inc has broken the first DeMark support point ($10.4975) [Bearish]. Look for a short limit order entry near this point. Exit price for HBM should be set @$10.195 & short position stoploss for Hudbay Minerals Inc should be set at $10.645

Trading for Hudbay Minerals Inc highlights the commitment of sellers to carry positions overnight.
Close Tod Vs Range Tod /
Trading for Hudbay Minerals Inc highlights the commitment of sellers to carry positions overnight.

[BEARISH]: Hudbay Minerals Inc sellers in control. There has been 2 consecutive days of prices closing in the lower part of the trading range for Hudbay Minerals Inc adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 22 trading days with the closing price in the lower part of the range giving a confirmation ratio of 34.9%. Over the last month there has been 7 trading days with the closing price in the lower range giving a confirmation ratio of 63.6%. Currently this quarter, closing price has spent 10 days in the lower price range compared to 9 days in the upper range giving a ratio of 1.1x.

Simple Moving Average /
[Uptrend]: Recent trading for HBM indicates ST trend is likely to continue

HBM: SMA(5) Current Signal -> (1) 16 Feb: BEARISH CROSSOVER (2) 16 Feb: BEARISH (3) 16 Feb: BEARISH CROSSOVER

Detrended Price Oscillator /
Hudbay Minerals Inc: Detrended Price Oscillator(20) (-1.0875)

[BEARISH]: Hudbay Minerals Inc currently has a confirmed downtrend. Price is currently below the displaced moving average for HBMCurrently, the return on DPO20 is -2.2%.

Ulcer Index /
[High Stress]: High drawdown associated with recent trading of HBM

HBM: UIX Current Signal -> (1) 16 Feb: High stress (2) 16 Feb: High stress (3) 16 Feb: High stress

Medium Trend /
Hudbay Minerals Inc: Downtrend for the medium term trend is continued

[BEARISH]: Hudbay Minerals Inc has a medium timeframe downtrend confirmation. This was confirmed through a price breakout on the Feb 15 2018.

The EMA trend following signal is still current for Hudbay Minerals Inc [Bullish]
Exponential Moving Average /
The EMA trend following signal is still current for Hudbay Minerals Inc [Bullish]

[BULLISH]: Hudbay Minerals Inc currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -2.2%.

Hudbay Minerals Inc: Evening Star
Evening Star /
Hudbay Minerals Inc: Evening Star

[BEARISH]: Hudbay Minerals Inc has formed a new Evening Star pattern.

MACD /
The MACD continues to rise above the signal line for HBM [Bullish]

[BULLISH]: Hudbay Minerals Inc currently has positive MACD of 0.050000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -1.6%.

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