Howmet Aerospace Inc. | HWM

Daily Technical Analysis of Howmet Aerospace Inc.

Howmet Aerospace is up a bit on the day, funds flowing in kept the price up 1.61% since yesterday. HWM is currently at a weak resistance line, price may carry its momentum forward and break through or potentially reverse and head down lower. Hard to say, I probably wouldn't bet the farm on that alone... Howmet Aerospace has been drifting up over the last few months, we'll see if it has the energy to break through or if buyers decide to take profit.

If the price breaks through the resistance level it will probably move up to the $139.39 where it may meet further resistance. If the price does in fact bounce off here, it might find nearest support down at the $121 level, hard to say where it will go from there though.

Analyst Ratings for Howmet Aerospace By Price Target And Rating

The analysts are pretty neutral on Howmet Aerospace right now, so not much useful information here. The current Analysts Sentiment Score is 3.44. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2024-05-03 The Goldman Sachs Group increased their price target by 12.99% to $87.00. Royal Bank of Canada gave a boost to their price target and moved to $90.00 from $75.00 on 2024-05-03. Truist Financial decided to move up their price target on 2024-05-03 to $88.00 which is a 18.92% increase. Robert W. Baird provided a price target boost of 13.51% to $84.00 from $74.00 on 2024-05-03. On 2024-04-19 there was confirmation of the previous rating by Benchmark which was Buy and provided a price target of $53.00. KeyCorp provided a price target boost of 16.67% to $70.00 from $60.00 on 2024-02-21. On 2024-02-20 Barclays increased their price target by 8.33% to $65.00. On 2024-02-15 UBS Group increased their price target by 15.79% to $66.00. JPMorgan Chase & Co. provided a price target boost of 9.09% to $60.00 from $55.00 on 2024-02-14. Sanford C. Bernstein initiated a rating of Outperform on 2024-01-05 and they set their price target at $67.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Howmet Aerospace

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Howmet Aerospace

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.