LifeGoal Home Down Payment Investment ETF (HOM) Technical Analysis
NYSEARCA:HOM • US66538F2561
Current stock price
HOM Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to HOM. In the last year, HOM was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- Warning: HOM has an average volume of 712 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the performance of all stocks over the past year, HOM turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
- HOM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HOM is lagging the market.
- In the last month HOM has a been trading in a tight range between 8.49 and 8.70.
- Considerably lower volume is observed in the last couple of days.
HOM Weekly and Daily overview Charts
HOM Setup Rating and Analysis
HOM has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
HOM Support and Resistance Analysis
8.28
When analyzing the support we notice one important area.
- A support zone ranging from 8.36 to 8.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 8.64 to 8.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
HOM 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 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. |
HOM Chart- and CandleStick Pattern Analysis
HOM Technicals: Chart, Performance Metrics, Trend & Indicators
LifeGoal Home Down Payment Investment ETF
NYSEARCA:HOM (6/12/2023, 8:04:01 PM)
8.635
-0.01 (-0.12%)
LifeGoal Home Down Payment Investment ETF / HOM TA FAQ
Can you provide the ChartMill technical rating for LifeGoal Home Down Payment Investment ETF?
ChartMill assigns a technical rating of 4 / 10 to HOM.
What is the trend direction for HOM stock?
The current trend direction for LifeGoal Home Down Payment Investment ETF (HOM) is Bullish.
Can you provide the RSI signal for LifeGoal Home Down Payment Investment ETF?
LifeGoal Home Down Payment Investment ETF (HOM) has an RSI value of 50.0793. This indicates that the stock is currently neutral.
What is the short term momentum for HOM stock?
The short term momentum for LifeGoal Home Down Payment Investment ETF (HOM) is neutral.
What are the support and resistance levels for LifeGoal Home Down Payment Investment ETF (HOM) stock?
LifeGoal Home Down Payment Investment ETF (HOM) has a support level at 8.62 and a resistance level at 8.64. Check the full technical report for our detailed analysis of HOM support and resistance levels.