The Hourly View for HMC
At the moment, HMC (Get Ratings)’s price is up $0.01 (0.03%) from the hour prior. HMC has seen its price go down 9 out of the past 10 hours, thus creating some compelling opportunities for bears. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
HMC ranks 46th in terms of today’s price percentage change out of Automobiles and Trucks stocks.
HMC’s Technical Outlook on the Daily Chart
At the moment, HMC’s price is down $-0.66 (-2.09%) from the day prior. The daily chart shows that HMC has seen 3 straight down days. As for the trend on the daily timeframe, we see the clearest trend on the 50 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. Honda Motor Co Ltd’s price action over the past 90 days can be seen via the chart below.
HMC: Daily RSI Analysis
For HMC News Traders
Investors and traders in HMC may be particularly interested in the following story that came out in the past day:
Its rare that I drive a car and subsequently struggle to form any kind of strong opinion for the write-up. Hondas Jazz Crosstar has succeeded though. Essentially the Crosstar is an SUV style package added to a standard Jazz. Priced at 26,288 (£23,385) it comes with increased ride height, black sill and wheel arch cladding,  The post Reliable quality its a Honda appeared first on Euro Weekly News Spain .
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