Howmet Aerospace Inc. stock breaks 200-day EMA as SpaceX threat fuels selloff

Howmet Aerospace Inc. stock closed at $243.71, slipping below the 200-day EMA of $247.99. The selloff follows SpaceX in-house blade-casting plans and mounting valuation concerns. This marks a structural trend shift, not a minor pullback.

Key takeaways

• Howmet Aerospace Inc. stock closed at $243.71, below all major daily EMAs including the 200-day at $247.99.
• Daily RSI14 plunged to 27.34, deep into oversold territory, while the MACD histogram continues widening negative at -3.69.
• SpaceX plans to cast gas-turbine blades in-house pose a direct competitive threat to Howmet’s core casting business.
• Valuation analysis suggests HWM could be 21% overvalued, with a P/E of 50.9x flagged as stretched.
• The daily and 1H timeframes align bearish, but the 15m MACD shows early signs of a momentum pause.

Daily Timeframe: Howmet Stock Turns Bearish Despite Neutral Regime Tag

The daily trend is decisively bearish. RSI14 at 27.34 confirms aggressive selling has taken hold.

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