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HL Stock Tickeron detected bullish Stock Pattern: Triple Bottoms HL on December 02, 2024, netting in a 8.70% gain over 7 days

A.I.dvisor
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+8.70% Gain from a Successful pattern Triple Bottoms
HL - Hecla Mining Company
Tickeron
Ticker: HL
Company: Hecla Mining
Gain: +8.7%
Confirmed: 12/02/24
Succeeded: 12/09/24
Total length: 7 days
On December 02, 2024, A.I.dvisor detected a Triple Bottoms Pattern (Bullish) for Hecla Mining Company (HL, $5.40). On December 02, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $5.81. 7 days later, on December 09, 2024, HL reached the target price resulting in a for traders who took a long position in the stock.

HL's RSI Indicator recovers from oversold territory

The RSI Indicator for HL moved out of oversold territory on November 18, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 38 similar instances when the indicator left oversold territory. In of the 38 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.

The Moving Average Convergence Divergence (MACD) for HL just turned positive on November 29, 2024. Looking at past instances where HL's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on December 13, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on HL as a result. In of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

HL broke above its upper Bollinger Band on December 09, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for HL entered a downward trend on December 05, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock slightly better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. HL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.560) is normal, around the industry mean (7.258). HL's P/E Ratio (1111.111) is considerably higher than the industry average of (82.887). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (8.405). Dividend Yield (0.005) settles around the average of (0.040) among similar stocks. P/S Ratio (4.129) is also within normal values, averaging (140.038).

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General Information

a miner of silver, gold and other nonferrous materials and industrial materials

Industry PreciousMetals

Profile
Fundamentals
Details
Industry
Precious Metals
Address
6500 North Mineral Drive
Phone
+1 208 769-4100
Employees
1775
Web
https://www.hecla.com