HOME BANCSHARES INC (HOMB) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:HOMB - US4368932004 - Common Stock
Taking everything into account, HOMB scores 4 out of 10 in our technical rating. HOMB has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Although the technical rating is only medium, HOMB does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 28.42, a Stop Loss order could be placed below this zone.
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26.24
2 important support areas can be observed.
- A support zone ranging from 27.31 to 28.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.51 to 26.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @29.00 from a trend line in the weekly time frame.
- Strong resistance @29.62 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 | 51.46 | NEUTRAL | HOMB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of HOMB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of HOMB is above the rising 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) | 53.07 | NEUTRAL | The RSI value for HOMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests HOMB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 66.38 | NEUTRAL | The Stochastics value for HOMB is a neutral value. |
| Average True Range in percent/ATR (20) | 1.69 | LOW VOLATILITY | The low ATR as a percentage value for HOMB suggests low volalility. |
| Average Directional Index/ADX (14) | 13 | NEGATIVE | The low ADX value for HOMB suggests a weak or negative trend. |
28.45
-0.3 (-1.04%)
HOME BANCSHARES INC / HOMB FAQ
Can you provide the ChartMill technical rating for HOME BANCSHARES INC?
ChartMill assigns a technical rating of 4 / 10 to HOMB.
Can you provide the trend direction for HOME BANCSHARES INC?
The current trend direction for HOME BANCSHARES INC (HOMB) is Bearish.
Can you provide the RSI signal for HOME BANCSHARES INC?
HOME BANCSHARES INC (HOMB) has an RSI value of 53.0749. This indicates that the stock is currently neutral.
What is the MACD signal for HOME BANCSHARES INC (HOMB) stock?
The MACD indicator for HOME BANCSHARES INC (HOMB) has a value of -0.00485765, indicating a bearish trend.