HECLA MINING COMPANY - Daily - Technical analysis published on 06/24/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Slightly bearish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1.52 USD
My targets
2.23 USD (+21.20%)
2.59 USD (+40.76%)
My analysis
The strong short-term increase in HECLA MINING COMPANY calls into question the currently slightly bearish basic trend. A trend reversal is likely. As long as the price remains above 1.52 USD, you could consider taking advantage of the short-term movement. The first bullish objective is located at 2.23 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 2.59 USD as an objective. Crossing it would then enable buyers to target 3.06 USD. Caution, a return under 1.52 USD could jeopardize the reversal.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HECLA MINING COMPANY rating is 1.84 USD. The price registered an increase of +0.00% on the session and was between 1.73 USD and 1.88 USD. This implies that the price is at +6.36% from its lowest and at -2.13% from its highest.1.73
1.88
1.84
Here is a more detailed summary of the historical variations registered by HECLA MINING COMPANY:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Technical
Technical analysis of HECLA MINING COMPANY in Daily shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages could quickly lead to a reversal of the trend. An assessment of moving averages reveals several bullish signals that could impact this trend:
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with Moving Average 50
Type : Bullish
Timeframe : Daily
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
MACD indicator is back over 0
Type : Bullish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Upside gap
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.05 | 1.26 | 1.52 | 1.84 | 2.23 | 2.59 | 3.06 |
| Change (%) | -42.93% | -31.52% | -17.39% | - | +21.20% | +40.76% | +66.30% |
| Change | -0.79 | -0.58 | -0.32 | - | +0.39 | +0.75 | +1.22 |
| Level | Intermediate | Intermediate | Major | - | Intermediate | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.65 | 1.72 | 1.78 | 1.85 | 1.91 | 1.98 | 2.04 |
| Camarilla | 1.80 | 1.82 | 1.83 | 1.84 | 1.85 | 1.86 | 1.88 |
| Woodie | 1.64 | 1.72 | 1.77 | 1.85 | 1.90 | 1.98 | 2.04 |
| Fibonacci | 1.72 | 1.77 | 1.80 | 1.85 | 1.90 | 1.93 | 1.98 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.04 | 1.21 | 1.40 | 1.57 | 1.75 | 1.92 | 2.11 |
| Camarilla | 1.48 | 1.51 | 1.55 | 1.58 | 1.61 | 1.65 | 1.68 |
| Woodie | 1.05 | 1.22 | 1.40 | 1.57 | 1.76 | 1.93 | 2.11 |
| Fibonacci | 1.21 | 1.35 | 1.43 | 1.57 | 1.70 | 1.79 | 1.92 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 64.87 | |
| MACD (12,26,9): | 0.0300 | |
| Directional Movement: | 14.21 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 1.62 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.62 | |
| Elder Ray (13): | 0.16 | |
| Super Trend (3,10): | 1.47 | |
| Zig ZAG (10): | 1.84 | |
| VORTEX (21): | 1.0800 | |
| Stochastique (14,3,5): | 86.56 | |
| TEMA (21): | 1.75 | |
| Williams %R (14): | -14.29 | |
| Chande Momentum Oscillator (20): | 0.40 | |
| Repulse (5,40,3): | 3.5000 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.3700 | |
| Courbe Coppock: | 48.63 |
| MA7: | 1.71 | |
| MA20: | 1.52 | |
| MA50: | 1.74 | |
| MA100: | 2.10 | |
| MAexp7: | 1.72 | |
| MAexp20: | 1.62 | |
| MAexp50: | 1.75 | |
| MAexp100: | 1.98 | |
| Price / MA7: | +7.60% | |
| Price / MA20: | +21.05% | |
| Price / MA50: | +5.75% | |
| Price / MA100: | -12.38% | |
| Price / MAexp7: | +6.98% | |
| Price / MAexp20: | +13.58% | |
| Price / MAexp50: | +5.14% | |
| Price / MAexp100: | -7.07% |
News
The latest news and videos published on HECLA MINING COMPANY at the time of the analysis were as follows:
- HECLA INVESTOR NOTICE: Rosen, a Top Ranked Law Firm, Announces Filing of Securities Class Action Lawsuit Against Hecla Mining Company - HL
-
Hecla Mining Company - HL Stock Chart Technical Analysis for 06-03-2019
- Kaplan Fox Files Class Action to Recover Losses for Investors Who Purchased Hecla Mining Company Common Stock (NYSE: HL)
-
Hecla Mining Company - HL Stock Chart Technical Analysis for 05-09-2019
-
Hecla Mining advancing its exploration efforts in Nevada in 2019
This member declared not having a position on this financial instrument or a related financial instrument.
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