HOME BANCSHARES INC (HOMB) Technical Analysis
NYSE:HOMB • US4368932004
Current stock price
HOMB Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to HOMB. HOMB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, HOMB is a bad performer in the overall market: 78% of all stocks are doing better.
- HOMB is part of the Banks industry. There are 376 other stocks in this industry, of which 90% are performing better than HOMB.
- HOMB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month HOMB has a been trading in the 26.30 - 28.64 range, which is quite wide. It is currently trading near the lows of this range.
- HOMB has an average volume of 1570310 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
HOMB Weekly and Daily overview Charts
HOMB Setup Rating and Analysis
Although the technical rating is bad, HOMB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 26.70, a Stop Loss order could be placed below this zone.
More info and screens
HOMB Support and Resistance Analysis
25.76
We found 1 important support area.
- A support zone ranging from 26.02 to 26.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 26.80 to 27.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.34 from a horizontal line in the daily time frame.
- A resistance zone ranging from 30.09 to 30.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
HOMB 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 | DOWN | NEGATIVE | The long term trend for HOMB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for HOMB is down. |
| ChartMill Relative Strength | 22.09 | NEGATIVE | HOMB has a low relative strength, it was outperformed by 77.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of HOMB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of HOMB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of HOMB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.82 | NEUTRAL | The RSI value for HOMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests HOMB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.98 | NEUTRAL | The Stochastics value for HOMB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for HOMB suggests some volalility. |
| Average Directional Index/ADX (14) | 20.68 | NEUTRAL | The ADX value for HOMB suggests a possible start of a new trend. |
HOMB Chart- and CandleStick Pattern Analysis
HOMB Technicals: Chart, Performance Metrics, Trend & Indicators
26.74
-0.13 (-0.48%)
HOME BANCSHARES INC / HOMB TA FAQ
Can you provide the ChartMill technical rating for HOME BANCSHARES INC?
ChartMill assigns a technical rating of 0 / 10 to HOMB.
Can you provide the trend direction for HOME BANCSHARES INC?
The current trend direction for HOME BANCSHARES INC (HOMB) is Bearish.
What is the RSI signal for HOME BANCSHARES INC (HOMB) stock?
HOME BANCSHARES INC (HOMB) has an RSI value of 45.824. This indicates that the stock is currently neutral.
What is the short term momentum for HOMB stock?
The short term momentum for HOME BANCSHARES INC (HOMB) is negative.
Can you provide the support and resistance levels for HOME BANCSHARES INC?
HOME BANCSHARES INC (HOMB) has a support level at 26.7 and a resistance level at 26.8. Check the full technical report for our detailed analysis of HOMB support and resistance levels.