HOME POINT CAPITAL INC (HMPT) Stock Technical Analysis
NASDAQ:HMPT - Nasdaq - US43734L1061 - Common Stock - Currency: USD
Overall HMPT gets a technical rating of 7 out of 10. Although HMPT is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long and short term trends are both positive. This is looking good!
When comparing the performance of all stocks over the past year, HMPT turns out to be only a medium performer in the overall market: it outperformed 41% of all stocks.
HMPT is part of the Financial Services industry. There are 99 other stocks in this industry, HMPT did better than 45% of them.
HMPT 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 HMPT is lagging the market slightly.
In the last month HMPT has a been trading in a tight range between 2.30 and 2.34.
Considerably lower volume is observed in the last couple of days.
HMPT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 2.32, a Stop Loss order could be placed below this zone.
More info and screens
1.83
2.59
When analyzing the support we can see 5 important areas.
- A support zone ranging from 2.30 to 2.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.26 to 2.26. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @2.11 from a trend line in the daily time frame.
- Support @1.96 from a trend line in the weekly time frame.
- Support @1.85 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.56 to 2.56. 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 HMPT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HMPT is up. |
| ChartMill Relative Strength | 41.53 | NEUTRAL | HMPT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HMPT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HMPT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HMPT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.27 | NEUTRAL | The RSI value for HMPT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HMPT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.56 | NEUTRAL | The Stochastics value for HMPT is a neutral value. |
| Average True Range in percent/ATR (20) | 0.48 | LOW VOLATILITY | The low ATR as a percentage value for HMPT suggests low volalility. |
| Average Directional Index/ADX (14) | 25.95 | POSITIVE | The high ADX value value for HMPT suggests a strong trend. |
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)
NASDAQ:HMPT (7/31/2023, 8:00:01 PM)
2.32
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0%
1 Week0.43%
2 Weeks0%
1 Month0%
3 Month31.82%
6 Month8.41%
12 Month-38.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%0.48%
ATR Inc76.13%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.53
Mansfield0.2
10 Day High2.34
10 Day Low2.31
20 Day High2.34
20 Day Low2.3
52 Week High3.9
52 Week Low0.99
CS1 End2.32
CR1 Start2.56
Volume & EV
DER(3)0.81%
DER(5)-0.45%
Volume8.70K
Volume Incr-26.34%
Vol(5)20.68K
Vol(50)93.82K