TSX:HOM-U - Toronto Stock Exchange - CA05585D1033 - REIT - Currency: USD
We assign a technical rating of 4 out of 10 to HOM-U. HOM-U has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, HOM-U does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 13.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.85, a Stop Loss order could be placed below this zone.
11.06
4 important support areas can be observed.
We found 1 important resistance 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 | NEUTRAL | NEUTRAL | The short term trend for HOM-U.CA is neutral. |
ChartMill Relative Strength | 69.5 | NEUTRAL | HOM-U.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HOM-U.CA is above a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HOM-U.CA is above a declining 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) | 53.44 | 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, although the MACD value is rising. |
Stochastics (14,3) | 36.23 | NEUTRAL | The Stochastics value for HOM-U.CA is a neutral value. |
Average True Range in percent/ATR (20) | 2.01 | MEDIUM VOLATILITY | The ATR as a percentage value for HOM-U.CA suggests some volalility. |
Average Directional Index/ADX (14) | 17 | NEGATIVE | The low ADX value for HOM-U.CA suggests a weak or negative trend. |
TSX:HOM-U (6/13/2025, 7:00:00 PM)
13.18
+0.17 (+1.31%)