HOME BANCSHARES INC (HOMB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HOMB - US4368932004 - Common Stock
Taking everything into account, HOMB scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. HOMB was also a bad performer in the overall market in the last year.
Although the technical rating is bad, HOMB 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 28.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.34, a Stop Loss order could be placed below this zone.
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26.07
3 important support areas can be observed.
- A support zone ranging from 27.54 to 28.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.04 from a trend line in the weekly time frame.
- A support zone ranging from 26.33 to 26.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
4 important resistance areas can be observed.
- Resistance @28.70 from a horizontal line in the daily time frame.
- Resistance @29.24 from a trend line in the weekly time frame.
- Resistance @30.03 from a horizontal line in the daily time frame.
- Resistance @30.84 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for HOMB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HOMB is up. |
| ChartMill Relative Strength | 28.24 | NEGATIVE | HOMB has a low relative strength, it was outperformed by 71.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of HOMB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HOMB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of HOMB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.2 | NEUTRAL | The RSI value for HOMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests HOMB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.49 | OVERBOUGHT | The high Stochastics value suggests HOMB may be overbought. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for HOMB suggests low volalility. |
| Average Directional Index/ADX (14) | 16.45 | NEGATIVE | The low ADX value for HOMB suggests a weak or negative trend. |
28.39
-0.13 (-0.46%)
HOME BANCSHARES INC / HOMB FAQ
Can you provide the ChartMill technical rating for HOME BANCSHARES INC?
ChartMill assigns a technical rating of 3 / 10 to HOMB.
What is the trend direction for HOMB stock?
The current trend direction for HOME BANCSHARES INC (HOMB) is Bearish.
What is the RSI signal for HOMB stock?
HOME BANCSHARES INC (HOMB) has an RSI value of 58.1999. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HOME BANCSHARES INC?
The MACD indicator for HOME BANCSHARES INC (HOMB) has a value of 0.127348, indicating a bearish trend.
What is the short term momentum for HOME BANCSHARES INC (HOMB) stock?
The short term momentum for HOME BANCSHARES INC (HOMB) is positive.