HOME BANCSHARES INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

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Change:	-
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Type:	Stocks
Ticker:	HOMB
ISIN:

HOME BANCSHARES INC. - Daily - Technical analysis published on 07/24/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Court terme: Strongly bullish

De fond: Strongly bullish

Technical indicators

61%

17%

22%

My opinion

Bullish above 18.86 USD

My targets

19.69 USD (+1.18%)

20.34 USD (+4.52%)

My analysis

The bullish trend is currently very strong on HOME BANCSHARES INC.. As long as the price remains above the support at 18.86 USD, you could try to benefit from the boom. The first bullish objective is located at 19.69 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 20.34 USD as an objective. Crossing it would then enable buyers to target 21.22 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Bastien Huneau. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The HOME BANCSHARES INC. price is 19.46 USD. The price registered an increase of +1.35% on the session and was traded between 19.10 USD and 19.47 USD over the period. The price is currently at +1.88% from its lowest and -0.05% from its highest.

19.10

19.47

19.46

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by HOME BANCSHARES INC.:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of HOME BANCSHARES INC. in Daily shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

In fact, 11 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near resistance of channel

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	16.56	17.07	18.86	19.46	19.69	20.34	21.22
Change (%)	-14.90%	-12.28%	-3.08%	-	+1.18%	+4.52%	+9.04%
Change	-2.90	-2.39	-0.60	-	+0.23	+0.88	+1.76
Level	Minor	Major	Minor	-	Major	Minor	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	18.77	18.89	19.04	19.16	19.31	19.43	19.58
Camarilla	19.13	19.15	19.18	19.20	19.23	19.25	19.27
Woodie	18.80	18.90	19.07	19.17	19.34	19.44	19.61
Fibonacci	18.89	18.99	19.05	19.16	19.26	19.32	19.43

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	17.50	18.04	18.63	19.17	19.76	20.30	20.89
Camarilla	18.91	19.01	19.12	19.22	19.32	19.43	19.53
Woodie	17.53	18.05	18.66	19.18	19.79	20.31	20.92
Fibonacci	18.04	18.47	18.74	19.17	19.60	19.87	20.30

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.59	16.47	17.87	18.75	20.15	21.03	22.43
Camarilla	18.63	18.84	19.05	19.26	19.47	19.68	19.89
Woodie	15.84	16.60	18.12	18.88	20.40	21.16	22.68
Fibonacci	16.47	17.34	17.88	18.75	19.62	20.16	21.03

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	57.70
MACD (12,26,9):	0.1200
Directional Movement:	5.93
AROON (14):	-57.14
DEMA (21):	19.33
Parabolic SAR (0,02-0,02-0,2):	19.52
Elder Ray (13):	0.08
Super Trend (3,10):	18.47
Zig ZAG (10):	19.46
VORTEX (21):	1.0300
Stochastique (14,3,5):	56.61
TEMA (21):	19.33
Williams %R (14):	-30.16
Chande Momentum Oscillator (20):	-0.23
Repulse (5,40,3):	3.2200
ROCnROLL:	1
TRIX (15,9):	0.1300
Courbe Coppock:	0.26

MA7:	19.12
MA20:	19.24
MA50:	18.71
MA100:	18.68
MAexp7:	19.24
MAexp20:	19.15
MAexp50:	18.93
MAexp100:	18.87
Price / MA7:	+1.78%
Price / MA20:	+1.14%
Price / MA50:	+4.01%
Price / MA100:	+4.18%
Price / MAexp7:	+1.14%
Price / MAexp20:	+1.62%
Price / MAexp50:	+2.80%
Price / MAexp100:	+3.13%

News

The latest news and videos published on HOME BANCSHARES INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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