HOME BANCSHARES INC (HOMB) Stock Technical Analysis
NYSE:HOMB - US4368932004 - Common Stock
29.95 USD
+1.35 (+4.72%)
29.95 USD
0 (0%)
Taking everything into account, HOMB scores 5 out of 10 in our technical rating. HOMB has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
In the last month HOMB has a been trading in the 27.21 - 30.04 range, which is quite wide. It is currently trading near the high of this range.
HOMB has an average volume of 1016140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, HOMB outperforms 53% of them, which is more or less in line with the market.
HOMB is part of the Banks industry. There are 393 other stocks in this industry, HOMB did better than 40% of them.
HOMB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HOMB is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
HOMB has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
26.19
30.76
3 important support areas can be observed.
- A support zone ranging from 29.89 to 29.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 27.44 to 28.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @26.45 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @29.95 from a trend line in the weekly time frame.
- Resistance @30.46 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for HOMB is neutral. |
| ChartMill Relative Strength | 53.67 | 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) | UP | POSITIVE | The current price of HOMB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HOMB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.37 | NEUTRAL | The RSI value for HOMB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests HOMB has a positive trend. |
| Stochastics (14,3) | 86.56 | OVERBOUGHT | The high Stochastics value suggests HOMB may be overbought. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for HOMB suggests low volalility. |
| Average Directional Index/ADX (14) | 14.44 | NEGATIVE | The low ADX value for HOMB suggests a weak or negative trend. |
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)
29.95
+1.35 (+4.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg4.72%
1 Week6.13%
2 Weeks8.2%
1 Month4.46%
3 Month6.66%
6 Month1.66%
12 Month7.39%
2 Year35.03%
3 Year27.28%
5 Year84.76%
10 Year57.14%
15 Year456.18%
Volatility
ATR(14)0.56
ATR(20)%1.86%
ATR Inc64.36%
Range Today1.43
ADR(20)0.53
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.67
Mansfield-0.43
10 Day High30.04
10 Day Low27.47
20 Day High30.04
20 Day Low27.21
52 Week High32.91
52 Week Low24.22
CS1 End29.92
CR1 Start29.95
Volume & EV
DER(3)1.15%
DER(5)-0.2%
Volume1.32M
Volume Incr-14.61%
Vol(5)771.66K
Vol(50)1.02M