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Is HBM showing downside potential? New Downtrend shows up after sinking 2.09%

Hudbay Minerals Inc (HBM) — Daily Technical Analysis & Swing Trading Signals · Oct 30, 2025, 17:52 ET
On Thursday, October 30th, HBM moved down 2.09% while volume was to 0.7× the usual levels. Multiple bearish signals emerged — New Downtrend and Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 15.7, 15.5 & 15.31, with resistance at 16.09, 16.28 & 16.48.

Current SwingTradeBot Technical Rating of HBM: B

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HudBay Minerals Inc (HBM)