HOMESTREET INC. - Daily - Technical analysis published on 02/25/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 30.63 USD
My targets
28.19 USD (-5.18%)
26.62 USD (-10.46%)
My analysis
HOMESTREET INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 30.63 USD. The next support located at 28.19 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 26.62 USD. Below this support, sellers could then target 25.25 USD.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
FORCE
0
10
5.4
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The HOMESTREET INC. rating is 29.73 USD. The price registered a decrease of -2.84% on the session and was traded between 29.57 USD and 30.56 USD over the period. The price is currently at +0.54% from its lowest and -2.72% from its highest.29.57
30.56
29.73
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of HOMESTREET INC. in Daily shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of channel is broken
Type : Bearish
Timeframe : Daily
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 25.25 | 26.62 | 28.19 | 29.73 | 30.63 | 33.25 | 34.43 |
| Change (%) | -15.07% | -10.46% | -5.18% | - | +3.03% | +11.84% | +15.81% |
| Change | -4.48 | -3.11 | -1.54 | - | +0.90 | +3.52 | +4.70 |
| Level | Intermediate | Minor | Intermediate | - | Major | Major | 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 | 29.73 | 29.95 | 30.28 | 30.50 | 30.83 | 31.05 | 31.38 |
| Camarilla | 30.45 | 30.50 | 30.55 | 30.60 | 30.65 | 30.70 | 30.75 |
| Woodie | 29.78 | 29.98 | 30.33 | 30.53 | 30.88 | 31.08 | 31.43 |
| Fibonacci | 29.95 | 30.16 | 30.29 | 30.50 | 30.71 | 30.84 | 31.05 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 27.72 | 29.43 | 30.30 | 32.01 | 32.88 | 34.59 | 35.46 |
| Camarilla | 30.47 | 30.71 | 30.94 | 31.18 | 31.42 | 31.65 | 31.89 |
| Woodie | 27.31 | 29.22 | 29.89 | 31.80 | 32.47 | 34.38 | 35.05 |
| Fibonacci | 29.43 | 30.41 | 31.02 | 32.01 | 32.99 | 33.60 | 34.59 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26.99 | 28.93 | 30.52 | 32.46 | 34.05 | 35.99 | 37.58 |
| Camarilla | 31.14 | 31.46 | 31.79 | 32.11 | 32.43 | 32.76 | 33.08 |
| Woodie | 26.82 | 28.84 | 30.35 | 32.37 | 33.88 | 35.90 | 37.41 |
| Fibonacci | 28.93 | 30.28 | 31.11 | 32.46 | 33.81 | 34.64 | 35.99 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 29.74 | |
| MACD (12,26,9): | -0.4400 | |
| Directional Movement: | -22.54 | |
| AROON (14): | -35.71 | |
| DEMA (21): | 31.46 | |
| Parabolic SAR (0,02-0,02-0,2): | 33.59 | |
| Elder Ray (13): | -1.64 | |
| Super Trend (3,10): | 32.40 | |
| Zig ZAG (10): | 29.84 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 6.87 | |
| TEMA (21): | 31.12 | |
| Williams %R (14): | -93.24 | |
| Chande Momentum Oscillator (20): | -2.05 | |
| Repulse (5,40,3): | -3.9600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1000 | |
| Courbe Coppock: | 2.69 |
| MA7: | 31.63 | |
| MA20: | 32.03 | |
| MA50: | 32.83 | |
| MA100: | 31.54 | |
| MAexp7: | 31.24 | |
| MAexp20: | 31.94 | |
| MAexp50: | 32.16 | |
| MAexp100: | 31.53 | |
| Price / MA7: | -6.01% | |
| Price / MA20: | -7.18% | |
| Price / MA50: | -9.44% | |
| Price / MA100: | -5.74% | |
| Price / MAexp7: | -4.83% | |
| Price / MAexp20: | -6.92% | |
| Price / MAexp50: | -7.56% | |
| Price / MAexp100: | -5.71% |
News
The latest news and videos published on HOMESTREET INC. at the time of the analysis were as follows:
- HomeStreet Appoints James R. Mitchell To Board of Directors
- HomeStreet, Inc. Reschedules Year-End and Fourth Quarter 2019 Earnings Call for Monday, January 27, 2020
- HomeStreet, Inc. Schedules Year-End and Fourth Quarter 2019 Earnings Call for Wednesday, January 22, 2020
- HomeStreet Bank Completes Sale of Interest in WMS Series LLC
- HomeStreet, Inc. Reports Third Quarter 2019 Results and $25 Million Share Repurchase Program
This member declared not having a position on this financial instrument or a related financial instrument.
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