BLUEROCK HOMES TRUST INC (BHM) Technical Analysis
NYSEARCA:BHM • US09631H1005
Current stock price
11.09 USD
+0.34 (+3.16%)
At close:
11.81 USD
+0.72 (+6.49%)
After Hours:
BHM Technical Rating and Analysis
Overall BHM gets a technical rating of 5 out of 10. In the last year, BHM was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- Warning: BHM has an average volume of 9024 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- BHM is part of the Residential REITs industry. There are 20 other stocks in this industry. BHM outperforms 94% of them.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that BHM is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- BHM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BHM is lagging the market slightly.
- In the last month BHM has a been trading in the 9.80 - 11.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
BHM Weekly and Daily overview Charts
BHM Setup Rating and Analysis
Although the technical rating is only medium, BHM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.44. Right above this resistance zone may be a good entry point.
More info and screens
BHM Support and Resistance Analysis
8.85
14.66
We found 4 important support areas.
- Support @11.08 from a trend line in the weekly time frame.
- A support zone ranging from 10.00 to 10.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.10 from a trend line in the daily time frame.
- Support @8.94 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 11.44 to 11.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 11.74 to 11.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @12.40 from a trend line in the weekly time frame.
- Resistance @14.51 from a horizontal line in the weekly time frame.
BHM Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for BHM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BHM is neutral. |
| ChartMill Relative Strength | 72 | POSITIVE | BHM has a high relative strength, it outperformed 72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BHM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BHM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of BHM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.03 | NEUTRAL | The RSI value for BHM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests BHM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.96 | NEUTRAL | The Stochastics value for BHM is a neutral value. |
| Average True Range in percent/ATR (20) | 7.15 | HIGH VOLATILITY | The high ATR as a percentage value for BHM suggests high volalility. |
| Average Directional Index/ADX (14) | 16.61 | NEGATIVE | The low ADX value for BHM suggests a weak or negative trend. |
BHM Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
BHM Technicals: Chart, Performance Metrics, Trend & Indicators
11.09
+0.34 (+3.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg3.16%
1 Week5.52%
2 Weeks4.13%
1 Month-3.14%
3 Month23.91%
6 Month-3.23%
12 Month-8.2%
2 Year-34.65%
3 Year-44.05%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.87
ATR(20)%7.15%
ATR Inc-1.57%
Range Today0.66
ADR(20)0.71
ADR(20)%6.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72
3 months CRS93.36
6 months CRS47.1
Mansfield-0.19
10 Day High11.25
10 Day Low10
20 Day High11.85
20 Day Low9.8
52 Week High14.81
52 Week Low8.05
CS1 End11.08
CR1 Start11.44
Volume & EV
DER(3)1.07%
DER(5)-5.15%
Volume13.40K
Volume Incr210.19%
Vol(5)24.80K
Vol(50)9.02K
BLUEROCK HOMES TRUST INC / BHM TA FAQ
Can you provide the ChartMill technical rating for BLUEROCK HOMES TRUST INC?
ChartMill assigns a technical rating of 5 / 10 to BHM.
Can you provide the trend direction for BLUEROCK HOMES TRUST INC?
The current trend direction for BLUEROCK HOMES TRUST INC (BHM) is Bearish.
What is the RSI signal for BLUEROCK HOMES TRUST INC (BHM) stock?
BLUEROCK HOMES TRUST INC (BHM) has an RSI value of 56.0341. This indicates that the stock is currently neutral.
What is the short term momentum for BHM stock?
The short term momentum for BLUEROCK HOMES TRUST INC (BHM) is neutral.
What are the support and resistance levels for BLUEROCK HOMES TRUST INC (BHM) stock?
BLUEROCK HOMES TRUST INC (BHM) has a support level at 11.08 and a resistance level at 11.44. Check the full technical report for our detailed analysis of BHM support and resistance levels.