UPDATE: Hulamin hit target at R3.91 heading to R4.40After a long wait once the price broke above the W Formation.
Then moved sideways and crossed above with the Cup and Handle.
The first target of Hulamin hit at R3.91.
The momentum is still strong and on the up. And we can easily see further upside to come.
So, the next target with similar mo
Next report date
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1 ZAR
246.34 M ZAR
13.64 B ZAR
162.42 M
About HULAMIN LTD
Sector
Industry
CEO
Meganathan Gounder
Website
Headquarters
Pietermaritzburg
Founded
1935
ISIN
ZAE000096210
FIGI
BBG000RCKJD5
Hulamin Ltd. is a holding company, which manufactures and markets rolled semi-fabricated and fabricator of aluminum products. It operates through the Hulamin Rolled Products and Hulamin Extrusions segments. The Hulamin Rolled Products segment manufactures and supplies rolled semi-fabricated aluminum products, which include heat treated plate, can-end stock, closure sheet, bright tread plate, thin gauge foil and superior finish painted and clad products. The Hulamin Extrusions segment manufactures and supplies extruded aluminum products, which include small, large and complex extruded sections. The company was founded in 1935 and is headquartered in Pietermaritzburg, South Africa.
UPDATE Hulamin showing strong upside after it's break upto R3.91We were very close to the analysis being null and void.
But then, we had a change of wind and the market bounced off the lows heading back to the range.
It then broke up and is now on the way to the next target at R3.91
Looks good still.
$JSEHLM - Hulamin: The Consolidation ContinuesSee link below for previous analysis.
Little has changed with Hulamin since the last analysis, 6 months ago.
If anything, price is consolidating further in a Contracting Triangle; a contracting triangle is a neutral pattern and as price consolidates towards the apex, the breakout tends to be more v
Hulamin poised for great upside in 2024Cup and handle has formed on Hulamin since 10 May 2023.
With these Penny STocks and less liquid markets, they can take a long time to form patterns and formations.
But when they breakout, they can rocket in the direction of the breakout.
I like that it's restested the support and brim level, a
Hulamin Asc Triangle and Bearish FVG showing up signs to R5.40Ascending Triangle has formed since 13 June 2022 on Hulamin.
There are higher lows and same highs.
This means, momentum is pushing on up.
Other indicators include:
7>21 >200
RSI<50 - Higher lows
Target R3.59 and then R5.40
SMART MONEY CONCEPTS:
Now with Smart Money Concepts, we have somethin
$JSEHLM - Hulamin: Bulls Re-emerge On Good FY22 ResultsI last covered Hulamin on the 26th of September 2022.
I have linked the previous analysis.
Earlier this week, on the 6th of March, Hulamin released its full year results for the year ended 31 December 2022 with the following salient results:
Turnover increased by 22% to R16bn on group sales volumes
Hulamin just gave an awesome buy signal to R3.59W FORMATION formed on Hulamin which broke above the neckline today.
Tomorrow if the price opens above the Neckline the signal will be solidified.
7>21 - Bullish
Price<200 - Mixed
RSI <50 and bearish divergence
Target R3.59
FUNDAMENTALS
Hulamin Limited is a leading aluminum semi-fabricator and fa
Hulamin downside update to R2.25M Formation formed on Hulamin and we saw bearish signs
The market then broke below and has stayed below the neckline but is creating a somewhat Rectangle.
They buyers and investors seem to be holding the level and supporting it as much as they can.
Once catalyst and the stock will drop dramaticall
Hulamin just got a sell signal to R2.25!M Formation has formed on Daily.
Things have been looking very bad for Hulmain for the last year now.
200 >21> 7 - Bearish
RSI <50 and bearish divergence
Target R2.25
General info:
Hulamin (est. 1935) is a South African aluminium rolled products manufacturer and distributor, listed on the Johann
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of HLM is 208 ZAC — it has increased by 1.46% in the past 24 hours. Watch HULAMIN LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on JSE exchange HULAMIN LTD stocks are traded under the ticker HLM.
HLM stock has fallen by −0.95% compared to the previous week, the month change is a −9.57% fall, over the last year HULAMIN LTD has showed a −26.76% decrease.
We've gathered analysts' opinions on HULAMIN LTD future price: according to them, HLM price has a max estimate of 5.30 ZAC and a min estimate of 5.30 ZAC. Watch HLM chart and read a more detailed HULAMIN LTD stock forecast: see what analysts think of HULAMIN LTD and suggest that you do with its stocks.
HLM stock is 4.33% volatile and has beta coefficient of 1.00. Track HULAMIN LTD stock price on the chart and check out the list of the most volatile stocks — is HULAMIN LTD there?
Today HULAMIN LTD has the market capitalization of 674.58 M, it has increased by 4.52% over the last week.
Yes, you can track HULAMIN LTD financials in yearly and quarterly reports right on TradingView.
HULAMIN LTD is going to release the next earnings report on Aug 20, 2025. Keep track of upcoming events with our Earnings Calendar.
HLM net income for the last half-year is −10.61 M ZAR, while the previous report showed 256.96 M ZAR of net income which accounts for −104.13% change. Track more HULAMIN LTD financial stats to get the full picture.
HULAMIN LTD dividend yield was 0.00% in 2024, and payout ratio reached 0.00%. The year before the numbers were 0.00% and 0.00% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. HULAMIN LTD EBITDA is 520.23 M ZAR, and current EBITDA margin is 3.82%. See more stats in HULAMIN LTD financial statements.
Like other stocks, HLM shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade HULAMIN LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So HULAMIN LTD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating HULAMIN LTD stock shows the sell signal. See more of HULAMIN LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.