Harmony Gold Mining Co. (HMY) Stock: What Does the Chart Say Wednesday?

Harmony Gold Mining Co. (HMY) stock has risen 12.05% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

Harmony Gold Mining Co. has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on HMY!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With HMY Stock Today?

Harmony Gold Mining Co. (HMY) stock is higher by 0.29% while the S&P 500 is lower by -0.73% as of 9:55 AM on Wednesday, Jun 22. HMY is up $0.01 from the previous closing price of $3.43 on volume of 575,802 shares. Over the past year the S&P 500 is down -11.54% while HMY is lower by -17.11%. HMY earned $0.07 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 50.07. To screen for more stocks like Harmony Gold Mining Co. click here.

More About Harmony Gold Mining Co.

Harmony Gold Mining Co Ltd is a gold mining and exploration company having operations in South Africa and Papua New Guinea (PNG). Its projects include Bambanani, Joel, Masimong, Phakisa, Target 1, Tshepong, Unisel, Doornkop, and Kusasalethu. The group's segments are Tshepong Operations, Bambanani, Joel, Doornkop, Moab Khotsong, Hidden Valley, Target 1, Kusasalethu, Masimong, Unisel, and all other surface operations. Click Here to get the full Stock Report for Harmony Gold Mining Co. stock.