RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of HMST
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HomeStreet stock downgraded from Buy Candidate to Hold/Accumulate after Thursday trading session.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Dec 18, 2023 Gain 56.44% PDF

The HomeStreet stock price fell by -1.05% on the last day (Thursday, 28th Mar 2024) from $15.21 to $15.05. During the last trading day the stock fluctuated 2.10% from a day low at $15.01 to a day high of $15.33. The price has risen in 6 of the last 10 days and is up by 2.52% over the past 2 weeks. Volume has increased on the last day by 44 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 151 thousand shares were bought and sold for approximately $2.27 million.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 26.60% during the next 3 months and, with a 90% probability hold a price between $16.85 and $23.34 at the end of this 3-month period.

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HMST Signals & Forecast

The HomeStreet stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $15.16. On a fall, the stock will find some support from the long-term average at approximately $14.33. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, January 24, 2024, and so far it has fallen -3.40%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss for HomeStreet stock

HomeStreet finds support from accumulated volume at $14.99 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.315 between high and low, or 2.10%. For the last week, the stock has had daily average volatility of 2.56%.

Our recommended stop-loss: $14.33 (-4.78%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 45 days ago.)

Trading Expectations (HMST) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect HomeStreet to open at $15.13, and during the day (based on 14 day Average True Range), to move between $14.51 and $15.59, which gives a possible trading interval of +/-$0.539 (+/-3.58%) up or down from last closing price. If HomeStreet takes out the full calculated possible swing range there will be an estimated 7.16% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $15.10 (0.33%) than the support at $14.99 (0.40%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is HomeStreet stock A Buy?

HomeStreet holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

Current score: -0.382 Hold/Accumulate Downgraded

Predicted Opening Price for HomeStreet of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$15.13 ( 0.520%) $15.05

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for HMST

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 15.44 2.61 %
R2 15.32 1.81 %
R1 15.25 1.32 %
Current price: 15.05
Support S1 15.01 -0.279 %
S2 14.93 -0.773 %
S3 14.81 -1.57 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 15.28 1.53 %
R2 15.14 0.598 %
R1 15.10 0.332 %
Current price 15.05
Support S1 14.99 -0.399%
S2 14.87 -1.20%
S3 14.62 -2.86%

HMST Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Oct 26, 2023 Nov 07, 2023 Nov 22, 2023 $0.100 1.64%
2 Jul 27, 2023 Aug 08, 2023 Aug 23, 2023 $0.100 1.09%
3 Apr 24, 2023 May 09, 2023 May 24, 2023 $0.100 1.51%
4 Jan 27, 2023 Feb 07, 2023 Feb 22, 2023 $0.350 1.35%
5 Oct 28, 2022 Nov 07, 2022 Nov 22, 2022 $0.350 1.32%

FAQ

What is the symbol for HomeStreet Stock and on which exchange is it traded?
The symbol for HomeStreet is HMST and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell HomeStreet Stock?
HomeStreet holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Hold/Accumulate candidate.

How to buy HomeStreet Stock?
HomeStreet Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy HomeStreet Stock.

What's the current price of HomeStreet Stock?
As of the end of day on the 2024-03-28, the price of an HomeStreet (HMST) share was $15.05.

What is the 52-week high and low for HomeStreet Stock?
The 52-week high for HomeStreet Stock is $19.09 and the 52-week low is $4.20.

What is the market capitalization of HomeStreet Stock?
As of the 2024-03-28, the market capitalization of HomeStreet is 283.807M.

When is the next earnings date for HomeStreet?
The upcoming earnings date for HomeStreet is Apr 22, 2024.
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About HomeStreet

HomeStreet HomeStreet, Inc. operates as the bank holding company for HomeStreet Bank that provides commercial, mortgage, and consumer/retail banking services primarily in the Western United States. The company offers personal and business checking, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit; credit cards; insurance; and treasury management products and services. Its loa... HMST Profile

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