HOME BANCSHARES INC (HOMB) Stock Technical Analysis
USA - NYSE:HOMB - US4368932004 - Common Stock
We assign a technical rating of 1 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.
HOMB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 27.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.21, a Stop Loss order could be placed below this zone.
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26.25
When analyzing the support we notice one important area.
- A support zone ranging from 26.52 to 27.21. 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 5 important areas.
- A resistance zone ranging from 27.68 to 28.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @28.70 from a horizontal line in the daily time frame.
- A resistance zone ranging from 29.43 to 29.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 30.03 to 30.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 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 | 30.5 | NEUTRAL | HOMB is not amongst the best or worst performers 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 | 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) | 50.84 | NEUTRAL | The RSI value for HOMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests HOMB has a positive trend. |
| Stochastics (14,3) | 69.16 | NEUTRAL | The Stochastics value for HOMB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.36 | MEDIUM VOLATILITY | The ATR as a percentage value for HOMB suggests some volalility. |
| Average Directional Index/ADX (14) | 15.76 | NEGATIVE | The low ADX value for HOMB suggests a weak or negative trend. |
27.48
+0.39 (+1.44%)
HOME BANCSHARES INC / HOMB FAQ
Can you provide the ChartMill technical rating for HOME BANCSHARES INC?
ChartMill assigns a technical rating of 1 / 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 50.8359. 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 0.0951585, 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 negative.