While 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 Friday, Harmony Gold Mining Co Ltd ADR [NYSE:HMY] saw its stock jump 3.61% to $15.77. Over the last five days, the stock has gained 4.78%. Harmony Gold Mining Co Ltd ADR shares have risen nearly 92.08% since the year began. Nevertheless, the stocks have risen 79.20% over the past one year. While a 52-week high of $18.77 was reached on 04/16/25, a 52-week low of $7.97 was recorded on 01/06/25. SMA at 50 days reached $14.13, while 200 days put it at $11.00.
Levels Of Support And Resistance For HMY Stock
The 24-hour chart illustrates a support level at 15.38, which if violated will result in even more drops to 14.99. On the upside, there is a resistance level at 15.97. A further resistance level may holdings at 16.17. The Relative Strength Index (RSI) on the 14-day chart is 52.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.28%. Stochastics %K at 27.88% indicates the stock is a holding.
