HOME BANCORP INC (HBCP) Stock Technical Analysis
NASDAQ:HBCP • US43689E1073
Overall HBCP gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that HBCP is one of the better performing stocks in the market, outperforming 77% of all stocks. On top of that, HBCP also shows a nice and consistent pattern of rising prices.
- HBCP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HBCP is lagging the market slightly.
- In the last month HBCP has a been trading in the 57.00 - 64.07 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- HBCP is part of the Banks industry. There are 381 other stocks in this industry, HBCP did better than 68% of them.
- Volume is considerably higher in the last couple of days.
HBCP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 63.05. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 61.45, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
40.81
6 important support areas can be observed.
- A support zone ranging from 59.66 to 61.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 57.43 to 57.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @55.31 from a horizontal line in the daily time frame.
- A support zone ranging from 53.40 to 54.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 50.06 to 50.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @41.22 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 63.05 to 63.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for HBCP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HBCP is neutral. |
| ChartMill Relative Strength | 77.76 | POSITIVE | HBCP has a high relative strength, it outperformed 77.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HBCP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HBCP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HBCP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.54 | NEUTRAL | The RSI value for HBCP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests HBCP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.58 | NEUTRAL | The Stochastics value for HBCP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for HBCP suggests some volalility. |
| Average Directional Index/ADX (14) | 14.09 | NEGATIVE | The low ADX value for HBCP suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 63.35 | 59.65 | 3.70 (5.84%) | 17.12% |
| An entry @63.35. This is a Buy Stop order right above the resistance zone. | An exit @59.65. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.70 points, which is 5.84%. | For a 1.00% total portfolio risk, you can invest 17.12% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
62.03
+1.57 (+2.6%)
HOME BANCORP INC / HBCP FAQ
Can you provide the ChartMill technical rating for HOME BANCORP INC?
ChartMill assigns a technical rating of 8 / 10 to HBCP.
Can you provide the trend direction for HOME BANCORP INC?
The current trend direction for HOME BANCORP INC (HBCP) is Bullish.
What is the RSI signal for HOME BANCORP INC (HBCP) stock?
HOME BANCORP INC (HBCP) has an RSI value of 56.5399. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HOME BANCORP INC?
The MACD indicator for HOME BANCORP INC (HBCP) has a value of -0.101152, indicating a bearish trend.
Can you provide the support and resistance levels for HOME BANCORP INC?
HOME BANCORP INC (HBCP) has a support level at 61.45 and a resistance level at 63.05. Check the full technical report for our detailed analysis of HBCP support and resistance levels.