HOMETRUST BANCSHARES INC (HTBI) Stock Technical Analysis
USA - NASDAQ:HTBI - US4378721041 - Common Stock
Taking everything into account, HTBI scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, HTBI is showing a nice and steady performance.
HTBI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 37.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 36.46, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
31.27
When analyzing the support we can see 3 important areas.
- Support @36.46 from a horizontal line in the daily time frame.
- A support zone ranging from 32.28 to 32.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.59 to 31.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.24 to 38.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for HTBI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for HTBI is up. |
| ChartMill Relative Strength | 87.74 | POSITIVE | HTBI has a high relative strength, it outperformed 87.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of HTBI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of HTBI is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of HTBI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.82 | NEUTRAL | The RSI value for HTBI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests HTBI has a negative trend. |
| Stochastics (14,3) | 59.49 | NEUTRAL | The Stochastics value for HTBI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for HTBI suggests some volalility. |
| Average Directional Index/ADX (14) | 22.54 | NEUTRAL | The ADX value for HTBI suggests a possible start of a new trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 37.29 | 36.47 | 0.82 (2.20%) | 25.00% |
| An entry @37.29. This is a Buy Stop order right above the 10 day moving average. | An exit @36.47. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.82 points, which is 2.20%. | For a 0.55% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of HTBI. Please evaluate whether better entry and exit points can be found.
- 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.
36.55
-0.65 (-1.75%)
HOMETRUST BANCSHARES INC / HTBI FAQ
What is the technical rating for HTBI stock?
ChartMill assigns a technical rating of 9 / 10 to HTBI.
What is the trend direction for HTBI stock?
The current trend direction for HOMETRUST BANCSHARES INC (HTBI) is Bullish.
Can you provide the RSI signal for HOMETRUST BANCSHARES INC?
HOMETRUST BANCSHARES INC (HTBI) has an RSI value of 49.8235. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HOMETRUST BANCSHARES INC?
The MACD indicator for HOMETRUST BANCSHARES INC (HTBI) has a value of -0.123835, indicating a bearish trend.
What are the support and resistance levels for HOMETRUST BANCSHARES INC (HTBI) stock?
HOMETRUST BANCSHARES INC (HTBI) has a support level at 36.46 and a resistance level at 37.24. Check the full technical report for our detailed analysis of HTBI support and resistance levels.