TSX:HOM-U - Toronto Stock Exchange - CA05585D1033 - REIT - Currency: USD
We assign a technical rating of 7 out of 10 to HOM-U. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HOM-U is only an average performer.
Besides having an excellent technical rating, HOM-U also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 13.13. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.80, a Stop Loss order could be placed below this zone.
11.06
When analyzing the support we can see 4 important areas.
When analyzing the resistance we notice one important area.
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 HOM-U.CA is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HOM-U.CA is up. |
ChartMill Relative Strength | 64.05 | NEUTRAL | HOM-U.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HOM-U.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HOM-U.CA is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HOM-U.CA is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 49.63 | NEUTRAL | The RSI value for HOM-U.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests HOM-U.CA has a negative trend. |
Stochastics (14,3) | 47.83 | NEUTRAL | The Stochastics value for HOM-U.CA is a neutral value. |
Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for HOM-U.CA suggests some volalility. |
Average Directional Index/ADX (14) | 21.6 | NEUTRAL | The ADX value for HOM-U.CA suggests a possible start of a new 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 |
---|---|---|---|
13.15 | 12.91 | 0.24 (1.81%) | 25.00% |
An entry @13.15. This is a Buy Stop order right above the 10 day moving average. | An exit @12.91. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.24 points, which is 1.81%. | For a 0.45% total portfolio risk, you can invest 25.00% of your capital in this trade. |
TSX:HOM-U (6/6/2025, 7:00:00 PM)
13
-0.08 (-0.61%)