HOME POINT CAPITAL INC (HMPT) Technical Analysis
NASDAQ:HMPT • US43734L1061
Current stock price
HMPT Technical Rating and Analysis
Taking everything into account, HMPT scores 7 out of 10 in our technical rating. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When compared to the yearly performance of all other stocks, HMPT outperforms 41% of them, which is more or less in line with the market.
- HMPT is an average performer in the Financial Services industry, it outperforms 61% of 100 stocks in the same industry.
- 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 Weekly and Daily overview Charts
HMPT Setup Rating and Analysis
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
HMPT Support and Resistance Analysis
1.83
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.
HMPT 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 | 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. |
HMPT Chart- and CandleStick Pattern Analysis
HMPT Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:HMPT (7/31/2023, 8:00:01 PM)
2.32
0 (0%)
HOME POINT CAPITAL INC / HMPT TA FAQ
What is the technical rating for HMPT stock?
ChartMill assigns a technical rating of 7 / 10 to HMPT.
Can you provide the trend direction for HOME POINT CAPITAL INC?
The current trend direction for HOME POINT CAPITAL INC (HMPT) is Bullish.
What is the RSI signal for HOME POINT CAPITAL INC (HMPT) stock?
HOME POINT CAPITAL INC (HMPT) has an RSI value of 57.2701. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HOME POINT CAPITAL INC?
The MACD indicator for HOME POINT CAPITAL INC (HMPT) has a value of -0.00265358, indicating a bearish trend.
Can you provide the short term momentum for HOME POINT CAPITAL INC?
The short term momentum for HOME POINT CAPITAL INC (HMPT) is positive.