BLUEROCK HOMES TRUST INC (BHM) Stock Technical Analysis
NYSEARCA:BHM - NYSE Arca - US09631H1005 - REIT - Currency: USD
Taking everything into account, BHM scores 1 out of 10 in our technical rating. BHM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, BHM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 10.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 10.36, a Stop Loss order could be placed below this zone.
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10.22
When analyzing the support we notice one important area.
- A support zone ranging from 10.32 to 10.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 10.41 to 10.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.22 from a trend line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for BHM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BHM is down. |
| ChartMill Relative Strength | 12.72 | NEGATIVE | BHM has a low relative strength, it was outperformed by 87.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BHM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of BHM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BHM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.83 | NEUTRAL | The RSI value for BHM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests BHM has a positive trend. |
| Stochastics (14,3) | 51.14 | NEUTRAL | The Stochastics value for BHM is a neutral value. |
| Average True Range in percent/ATR (20) | 1.39 | LOW VOLATILITY | The low ATR as a percentage value for BHM suggests low volalility. |
| Average Directional Index/ADX (14) | 30.14 | POSITIVE | The high ADX value value for BHM suggests a strong trend. |
NYSEARCA:BHM (6/2/2025, 8:04:01 PM)
10.4004
+0.08 (+0.78%)