Hecla Mining Stock Technical Analysis

HL Stock  USD 4.49  0.26  6.15%   
As of the 28th of March, Hecla Mining retains the Risk Adjusted Performance of (0.01), standard deviation of 3.26, and Market Risk Adjusted Performance of (0.02). Hecla Mining technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down and interpolate thirteen technical drivers for Hecla Mining, which can be compared to its competitors. Please check out Hecla Mining market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Hecla Mining is priced fairly, providing market reflects its last-minute price of 4.49 per share. Given that Hecla Mining has information ratio of (0.07), we strongly advise you to confirm Hecla Mining's regular market performance to make sure the company can sustain itself at a future point.

Hecla Mining Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Hecla, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Hecla
  
Hecla Mining's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Hecla Mining Analyst Consensus

Target PriceAdvice# of Analysts
6.15Buy10Odds
Hecla Mining current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Hecla analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Hecla stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Hecla Mining, talking to its executives and customers, or listening to Hecla conference calls.
Hecla Analyst Advice Details
Hecla Mining technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Hecla Mining technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hecla Mining trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Hecla Mining Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Hecla Mining volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Hecla Mining Trend Analysis

Use this graph to draw trend lines for Hecla Mining. You can use it to identify possible trend reversals for Hecla Mining as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Hecla Mining price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Hecla Mining Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Hecla Mining applied against its price change over selected period. The best fit line has a slop of   0.0021  , which may indicate that the price for Hecla Mining will continue to decline. It has 122 observation points and a regression sum of squares at 0.17, which is the sum of squared deviations for the predicted Hecla Mining price change compared to its average price change.

About Hecla Mining Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Hecla Mining on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Hecla Mining based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Hecla Mining price pattern first instead of the macroeconomic environment surrounding Hecla Mining. By analyzing Hecla Mining's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Hecla Mining's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Hecla Mining specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.0073860.0042960.0053940.005124
Price To Sales Ratio3.474.194.042.64

Hecla Mining March 28, 2024 Technical Indicators

Most technical analysis of Hecla help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Hecla from various momentum indicators to cycle indicators. When you analyze Hecla charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Hecla Mining March 28, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Hecla stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Hecla Mining is a strong investment it is important to analyze Hecla Mining's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hecla Mining's future performance. For an informed investment choice regarding Hecla Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hecla Mining. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
For more information on how to buy Hecla Stock please use our How to buy in Hecla Stock guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Hecla Stock analysis

When running Hecla Mining's price analysis, check to measure Hecla Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hecla Mining is operating at the current time. Most of Hecla Mining's value examination focuses on studying past and present price action to predict the probability of Hecla Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hecla Mining's price. Additionally, you may evaluate how the addition of Hecla Mining to your portfolios can decrease your overall portfolio volatility.
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Is Hecla Mining's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hecla Mining. If investors know Hecla will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hecla Mining listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.81)
Dividend Share
0.025
Earnings Share
(0.14)
Revenue Per Share
1.189
Quarterly Revenue Growth
(0.17)
The market value of Hecla Mining is measured differently than its book value, which is the value of Hecla that is recorded on the company's balance sheet. Investors also form their own opinion of Hecla Mining's value that differs from its market value or its book value, called intrinsic value, which is Hecla Mining's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hecla Mining's market value can be influenced by many factors that don't directly affect Hecla Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hecla Mining's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hecla Mining is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hecla Mining's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.