HOME BANCSHARES INC (HOMB)

US4368932004 - Common Stock

24.57  +0.03 (+0.12%)

After market: 24.57 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, HOMB scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, HOMB is only an average performer.

Both the short term and long term trends are positive. This is a very positive sign.
HOMB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so HOMB is lagging the market slightly.
In the last month HOMB has a been trading in the 22.92 - 24.67 range, which is quite wide. It is currently trading near the high of this range.
HOMB has an average volume of 1016940 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 52% of all stocks.
HOMB is part of the Banks industry. There are 415 other stocks in this industry, HOMB did better than 62% of them.
Weekly and Daily overview Charts
HOMB Weekly chart
HOMB Daily chart
Setup Rating and Analysis

6

HOMB has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

19.72

26.04

We found 5 important support areas.

  • A support zone ranging from 23.66 to 23.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 22.78 to 23.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @21.74 from a horizontal line in the daily time frame.
  • Support @20.35 from a horizontal line in the weekly time frame.
  • Support @19.92 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 24.98 to 25.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.45
Mansfield-0.65
10 Day High24.67
10 Day Low22.92
20 Day High24.67
20 Day Low22.92
52 Week High25.8
52 Week Low19.61
Performance
1 Week3.5%
2 Weeks5.95%
1 Month4.73%
3 Month-3%
6 Month17.34%
12 Month13.17%
2 Year8.72%
3 Year-9.17%
5 Year39.84%
10 Year42.77%
15 Year392.14%
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)
Technical Indicators
MACD(12,26,9)0.12
RSI(14)62.48
LBB22.74
UBB24.58
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
24.6823.651.03 (4.17%)23.96%
An entry @24.68. This is a Buy Stop order right above the 10 day high.An exit @23.65. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 1.03 points, which is 4.17%.When investing 23.96% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
HOMB Daily chart

HOME BANCSHARES INC

NYSE:HOMB (3/28/2024, 8:15:49 PM)

After market: 24.57 0 (0%)

24.57

+0.03 (+0.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.12%
1 Week3.5%
2 Weeks5.95%
1 Month4.73%
3 Month-3%
6 Month17.34%
12 Month13.17%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.46
ATR(20)%2.1%
ATR Inc
Range Today0.34
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High24.67
10 Day Low22.92
20 Day High24.67
20 Day Low22.92
52 Week High25.8
52 Week Low19.61
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.35M
Volume Incr6.57%
Vol(5)1.02M
Vol(50)1.02M