Overall HMPT gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HMPT is only an average performer.
Besides having an excellent technical rating, HMPT 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
We found 5 important support 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.
When analyzing the resistance we notice one important 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. |
NASDAQ:HMPT (7/31/2023, 8:00:01 PM)
2.32
0 (0%)
HOME POINT CAPITAL INC / HMPT FAQ
What is the technical rating for HMPT stock?
ChartMill assigns a technical rating of 7 / 10 to HMPT.
What is the trend direction for HMPT stock?
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.
What is the MACD signal for HOME POINT CAPITAL INC (HMPT) stock?
The MACD indicator for HOME POINT CAPITAL INC (HMPT) has a value of -0.00265358, indicating a bearish trend.
What is the buy/sell signal for HMPT stock?
The buy/sell signal for HOME POINT CAPITAL INC (HMPT) is buy as both the short term and long term trends are positive.