LifeGoal Home Down Payment Investment ETF (HOM) Stock Technical Analysis
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.
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 trading in the upper part of its 52 week range, so HOM is lagging the market slightly.
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 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.
More info and screens
8.28
9.03
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.
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. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
LifeGoal Home Down Payment Investment ETF
NYSEARCA:HOM (6/12/2023, 8:04:01 PM)
8.635
-0.01 (-0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.12%
1 Week0.12%
2 Weeks1.3%
1 Month-0.69%
3 Month1.07%
6 Month1.79%
12 Month1.45%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.31%
ATR Inc-82.74%
Range Today0.01
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.27
Mansfield-0.74
10 Day High8.66
10 Day Low8.53
20 Day High8.7
20 Day Low8.49
52 Week High8.95
52 Week Low7.94
CS1 End8.62
CR1 Start8.64
Volume & EV
DER(3)0%
DER(5)0%
Volume400
Volume Incr-44.83%
Vol(5)320
Vol(50)712