As this happened, A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early October from “an Underweight” to “a Neutral”. HSBC Securities also remained covering HMY and has decreased its forecast on April 19, 2024 with a “Reduce” recommendation from previously “Hold” rating. JP Morgan revised its rating on December 12, 2023. It rated HMY as “an Underweight” which previously was an “a Neutral”.
Price Performance Review of HMY
On Tuesday, Harmony Gold Mining Co Ltd ADR [NYSE:HMY] saw its stock jump 1.14% to $12.45. Over the last five days, the stock has gained 3.32%. Harmony Gold Mining Co Ltd ADR shares have risen nearly 51.64% since the year began. Nevertheless, the stocks have risen 61.06% over the past one year. While a 52-week high of $12.48 was reached on 03/18/25, a 52-week low of $7.21 was recorded on 01/06/25. SMA at 50 days reached $10.86, while 200 days put it at $9.91.
Levels Of Support And Resistance For HMY Stock
The 24-hour chart illustrates a support level at 12.31, which if violated will result in even more drops to 12.16. On the upside, there is a resistance level at 12.68. A further resistance level may holdings at 12.90. The Relative Strength Index (RSI) on the 14-day chart is 64.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.10%. Stochastics %K at 91.51% indicates the stock is a selling.
How much short interest is there in Harmony Gold Mining Co Ltd ADR?
A steep rise in short interest was recorded in Harmony Gold Mining Co Ltd ADR stocks on 2025-02-28, dropping by -1.98 million shares to a total of 10.14 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 12.12 million shares. There was a decline of -19.49%, which implies that there is a negative sentiment for the stock.
