Image of HMX
HMXHMX
$0.03554
0.00%
1D

HMX Analysis

Investment Score
A quick view into HMX's investment prospects.
7.2

The asset looks technically constructive, but the current entry quality is not perfect.

What is helping
  • MACD is confirming the current directional bias.
  • The current level still offers a favorable reward-to-risk profile.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Momentum is extended, which raises the risk of chasing.
Market State Summary
Current regime
Bull Volatile
Confidence: 75%
Why this state?
  • HMX is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
HMX is trading above key moving averages and the medium-term trend is still rising.
Momentum
Overbought
RSI is 99.70, which points to stretched upside momentum.
Volatility
Volatile
HMX ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.03685 - $0.03770
Support zone
$0.03432 - $0.03543
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bullish
ATR%
Volatile
Volume
Low
Support & Resistance

HMX support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.03432 - $0.03543
Resistance zone
$0.03685 - $0.03770
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.03432 - $0.03543
Support 2$0.03299 - $0.03409
Support 3$0.03016 - $0.03211
Support 4$0.02480 - $0.02591
Resistance 1$0.03685 - $0.03770
Resistance 2$0.09155 - $0.09265
Resistance 3$0.1012 - $0.1023
Resistance 4$0.1530 - $0.1538
Scenario Analysis
Bullish scenario

HMX clears the resistance zone at $0.03685 - $0.03770 and holds above it. That would strengthen the breakout case and shift attention to $0.09155 - $0.09265.

Bearish scenario

HMX loses the support zone at $0.03432 - $0.03543. That would weaken the setup and open the way toward $0.03299 - $0.03409.

Neutral scenario

HMX continues trading between $0.03543 and $0.03685. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.02739
Bullish
HMX is trading above the 50-day average.
SMA200
$0.02909
Bullish
HMX remains above the long-term trend line.
EMA50
$0.02890
Bullish
HMX is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.05032
Bearish
HMX is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
99.70
Overbought
RSI (14) is elevated at 99.70, which suggests upside momentum may be getting stretched.
Stoch RSI (14)
100.00
Overbought
Stoch RSI (14) is high at 100.00, which shows momentum is pressing near its recent upper extreme.
MACD
0.002795
Bullish
MACD is above its signal line.
ATR
2.40%
Volatile
Volatility is above its 180-day median.
VWMA
$0.02552
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
70.46
Neutral
CCI (20) is at 70.46, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.007314
Bullish
Awesome Oscillator is above zero at $0.007314, which supports bullish momentum.
Williams Percent Range (14)
-14.58
Overbought
Williams Percent Range (14) is near the top of its recent range at -14.58.
Bull Bear Power (13)
$0.002180
Bullish
Bull Bear Power (13) is positive at $0.002180, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
36.61
Neutral
Ultimate Oscillator is at 36.61, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.03558
Bearish
HMX is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.03132
Bullish
HMX is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to HMX

Over the past 7 days, HMX price was most positively correlated with the price of Official Trump (TRUMP), Polygon Ecosystem Token (POL), Zcash (ZEC), Dash (DASH) and Decred (DCR) and most negatively correlated with the price of JUST (JST), World Liberty Financial (WLFI), APENFT (NFT), Beldex (BDX) and Sun Token (SUN).

Positively Correlated Currencies
NameCorrelation
Image of Official TrumpOfficial Trump0.895
Image of Polygon Ecosystem TokenPolygon Ecosystem Token0.892
Image of ZcashZcash0.818
Image of DashDash0.812
Image of DecredDecred0.809
Negatively Correlated Currencies
NameCorrelation
Image of JUSTJUST-0.523
Image of World Liberty FinancialWorld Liberty Financial-0.159
Image of APENFTAPENFT-0.072
Image of BeldexBeldex0.151
Image of Sun TokenSun Token0.245

HMX price is positively correlated with the top 10 coins by market cap with a price of 0.573, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.570. Currencies that are positively correlated with HMX indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with HMX, a move in one direction for HMX would translate into a move in the opposite direction for the negatively correlated coin.

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