HMY Harmony Gold Mining Company Limited
Harmony Gold Mining Company Limited (HMY) trend channel, buy level and 3-month target on Trade The Path. Sector: Energy. Listed on NYSE. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.
Broken out above, going sideways on both timeframes
Price has closed above the channel. The fitted trend may no longer describe this stock.
The next few months are read from the last 8 months, the stretch whose swings the lines actually follow, because the last 12 months alone do not contain enough turns to fit reliably (30% against 63%). The last 12 months stay as context: going sideways, −3% a year. The nearest ceiling overhead is US$23.60, from the last 12 months. What would overturn this: a close below US$13.41 — the floor of the channel being read — after which the trend, not the entry, is what was wrong.
- 8 months read from
- US$13.41 – US$15.10 Sideways channel, −3% a year
- 12 months
- US$14.09 – US$23.60 Sideways channel, −3% a year
- Position in that channel
- 344% above the ceiling of it — 0% is the floor, 100% the ceiling
What broke this trend
- The fall
- -49% from US$25.6428 Jan 2026 → 20 Mar 2026
- Whose problem it was
- This company0 of 7 Gold and Silver Ores peers fell with it
- Does it resolve?
- Unsettled too close to a coin toss on the record to call
- Regained so far
- 52%of what it lost
- What the record says
- 53% of 13 comparable falls came back, typically in 79 days measured on its own peer group
The trend broke in January 2026: price fell 49% from 25.64 to 13.13 by March 2026, and has regained 52% of that fall since. Its peers did not fall with it, so this was about the company rather than its sector. What happens next is not settled: falls of about 49% here have come back to the old high 53% of the time (13 comparable falls), typically in 79 days, which is too close to a coin toss to price a recovery from.
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (8 months)
- Lower trend line (8 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
No published call today because price has closed 29.6% clear above the channel, so the fitted lines no longer describe where it is. No alerts are sent. The buy and target below are still this site's read of the fitted channel.
Buy at or below
US$12.55
level as at 17 Sept 2026
Our target
US$13.40
by 16 Dec 2026
Projected move
6.8%
gross, before costs
Price is at or through our target.
- Upper line touches
- 3
- Lower line touches
- 3
- Fit confidence
- 63%
- Fitted
- 14 Sept 2026
Company information
Fundamentals are not available for this instrument from the current data provider.
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.