NYSEARCA:HOM - NYSE Arca - US66538F2561 - ETF - Currency: USD
We assign a technical rating of 4 out of 10 to HOM. HOM has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
HOM has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
8.28
We found 1 important support area.
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 is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for HOM is neutral. |
ChartMill Relative Strength | 54.27 | NEUTRAL | HOM is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HOM is above a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of HOM is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HOM is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 50.08 | NEUTRAL | The RSI value for HOM is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests HOM has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 86.7 | OVERBOUGHT | The high Stochastics value suggests HOM may be overbought. |
Average True Range in percent/ATR (20) | 0.31 | LOW VOLATILITY | The low ATR as a percentage value for HOM suggests low volalility. |
Average Directional Index/ADX (14) | 18.42 | NEGATIVE | The low ADX value for HOM suggests a weak or negative trend. |
LifeGoal Home Down Payment Investment ETF
NYSEARCA:HOM (6/12/2023, 8:04:01 PM)
8.635
-0.01 (-0.12%)