HOME BANCSHARES INC (HOMB) Stock Technical Analysis
NYSE:HOMB - New York Stock Exchange, Inc. - US4368932004 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to HOMB. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month HOMB has a been trading in the 29.30 - 31.27 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
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.
HOMB has an average volume of 1071600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that HOMB is one of the better performing stocks in the market, outperforming 75% of all stocks. We also observe that the gains produced by HOMB over the past year are nicely spread over this period. However, HOMB's most recent performance is quite weak.
HOMB is an average performer in the Banks industry, it outperforms 58% of 405 stocks in the same industry.
HOMB has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 28.11, a Stop Loss order could be placed below this zone.
More info and screens
25.47
32.41
We found 4 important support areas.
- A support zone ranging from 27.89 to 28.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 27.23 to 27.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.49 from a horizontal line in the daily time frame.
- Support @25.73 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @31.25 from a horizontal line in the daily time frame.
- A resistance zone ranging from 31.76 to 32.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.28
Mansfield0.3
10 Day High31.27
10 Day Low29.35
20 Day High31.27
20 Day Low29.3
52 Week High32.91
52 Week Low22.38
Performance
1 Week-3.38%
2 Weeks-5.55%
1 Month-1.93%
3 Month-6.95%
6 Month5.63%
12 Month25.79%
2 Year22.24%
3 Year25.84%
5 Year75.78%
10 Year86.16%
15 Year385.34%
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)-0.16
RSI(14)43.58
LBB29.37
UBB31.4
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 |
|---|---|---|---|
| 30.30 | 29.34 | 0.96 (3.17%) | 25.00% |
| An entry @30.30. This is a Buy Stop order right above the 10 day moving average. | An exit @29.34. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.96 points, which is 3.17%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.79%. |
- The distance between exit and entry is rather small compared to the average daily movement of HOMB. 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.
29.46
-0.38 (-1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-1.27%
1 Week-3.38%
2 Weeks-5.55%
1 Month-1.93%
3 Month-6.95%
6 Month5.63%
12 Month25.79%
2 Year22.24%
3 Year25.84%
5 Year75.78%
10 Year86.16%
15 Year385.34%
Volatility
ATR(14)0.7
ATR(20)%2.2%
ATR Inc1.63%
Range Today0.89
ADR(20)0.63
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS75.28
Mansfield0.3
10 Day High31.27
10 Day Low29.35
20 Day High31.27
20 Day Low29.3
52 Week High32.91
52 Week Low22.38
CS1 End28.11
CR1 Start31.25
Volume & EV
DER(3)-1.29%
DER(5)-0.58%
Volume1.11M
Volume Incr-7.56%
Vol(5)1.07M
Vol(50)1.07M