HOME BANCSHARES INC (HOMB) Technical Analysis
NYSE:HOMB • US4368932004
Current stock price
HOMB Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to HOMB. HOMB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- HOMB is part of the Banks industry. There are 380 other stocks in this industry, of which 79% are performing better than HOMB.
- In the last month HOMB has a been trading in the 25.68 - 27.41 range, which is quite wide. It is currently trading near the high of this range.
- HOMB has an average volume of 1412160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, HOMB turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
- HOMB 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 HOMB is lagging the market slightly.
HOMB Weekly and Daily overview Charts
HOMB Setup Rating and Analysis
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 27.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.68, a Stop Loss order could be placed below this zone.
More info and screens
HOMB Support and Resistance Analysis
25.76
When analyzing the support we notice one important area.
- A support zone ranging from 26.02 to 26.68. 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 2 important areas.
- A resistance zone ranging from 27.55 to 28.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.19 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 | NEUTRAL | NEUTRAL | The short term trend for HOMB is neutral. |
| ChartMill Relative Strength | 44.82 | 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) | 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) | 51.45 | NEUTRAL | The RSI value for HOMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests HOMB has a positive trend. |
| Stochastics (14,3) | 87.21 | OVERBOUGHT | The high Stochastics value suggests HOMB may be overbought. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for HOMB suggests some volalility. |
| Average Directional Index/ADX (14) | 26.64 | POSITIVE | The high ADX value value for HOMB suggests a strong trend. |
HOMB Chart- and CandleStick Pattern Analysis
HOMB Technicals: Chart, Performance Metrics, Trend & Indicators
27.17
-0.03 (-0.11%)
HOME BANCSHARES INC / HOMB TA FAQ
Can you provide the ChartMill technical rating for HOME BANCSHARES INC?
ChartMill assigns a technical rating of 1 / 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 51.4508. 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 neutral.
Can you provide the support and resistance levels for HOME BANCSHARES INC?
HOME BANCSHARES INC (HOMB) has a support level at 26.68 and a resistance level at 27.55. Check the full technical report for our detailed analysis of HOMB support and resistance levels.