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 HOMB
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Home BancShares stock upgraded to Buy Candidate.
(Updated on Mar 27, 2024)

Buy or Hold candidate since Mar 25, 2024 Gain 3.85% PDF

The Home BancShares stock price gained 3.68% on the last trading day (Wednesday, 27th Mar 2024), rising from $23.67 to $24.54. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 3.85% from a day low at $23.66 to a day high of $24.57. The price has risen in 7 of the last 10 days and is up by 3.46% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 518 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $31.96 million.

The stockhas broken the falling short-term trend up. Firstly a slower falling rate is indicated, but this may very well be an early signal of a trend shift. On the reaction, there will be support on the roof of the current trend broken, which is $24.23, a level that may pose a second chance to hit a runner. According to fan-theory $26.28 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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HOMB Signals & Forecast

The Home BancShares stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $23.68 and $23.56. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, February 13, 2024, and so far it has risen 7.73%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Home BancShares stock

Home BancShares finds support from accumulated volume at $24.06 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.91 between high and low, or 3.85%. For the last week the stock has had daily average volatility of 1.99%.

Our recommended stop-loss: $23.49 (-4.27%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 30 days ago.)

Trading Expectations (HOMB) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Home BancShares to open at $24.26, and during the day (based on 14 day Average True Range), to move between $24.02 and $25.06, which gives a possible trading interval of +/-$0.520 (+/-2.12%) up or down from last closing price. If Home BancShares takes out the full calculated possible swing range there will be an estimated 4.24% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $24.61 (0.29%) than the support at $24.06 (1.96%), 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 Home BancShares stock A Buy?

Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.551 Buy Candidate Upgraded

Predicted Opening Price for Home BancShares of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$24.26 ( 1.15%) $24.54

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

Trading levels for HOMB

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 25.17 2.55 %
R2 24.82 1.14 %
R1 24.60 0.262 %
Current price: 24.54
Support S1 23.91 -2.57 %
S2 23.69 -3.45 %
S3 23.35 -4.86 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 25.33 3.22 %
R2 25.09 2.24 %
R1 24.61 0.285 %
Current price 24.54
Support S1 24.06 -1.96%
S2 23.63 -3.71%
S3 23.22 -5.38%

HOMB Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 24, 2024 Feb 13, 2024 Mar 06, 2024 $0.180 0.752%
2 Oct 25, 2023 Nov 14, 2023 Dec 06, 2023 $0.180 0.775%
3 Jul 26, 2023 Aug 15, 2023 Sep 06, 2023 $0.180 0.82%
4 Apr 26, 2023 May 16, 2023 Jun 07, 2023 $0.180 0.752%
5 Jan 25, 2023 Feb 14, 2023 Mar 08, 2023 $0.180 0.779%

FAQ

What is the symbol for Home BancShares Stock and on which exchange is it traded?
The symbol for Home BancShares is HOMB and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Home BancShares Stock?
Several short-term signals are positive and the break-up from the falling trend indicates a possible shift for a trend. We believe that the prices around the breaking point will indicate particularly good levels, but we also believe that the current level will hold a possible good buy level for the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

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

What's the current price of Home BancShares Stock?
As of the end of day on the 2024-03-27, the price of an Home BancShares (HOMB) share was $24.54.

What is the 52-week high and low for Home BancShares Stock?
The 52-week high for Home BancShares Stock is $25.80 and the 52-week low is $19.62.

What is the market capitalization of Home BancShares Stock?
As of the 2024-03-27, the market capitalization of Home BancShares is 4.936B.

When is the next earnings date for Home BancShares?
The upcoming earnings date for Home BancShares is Apr 18, 2024.
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About Home BancShares

Home Bancshares, Inc. (Conway, AR) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit. The company's loan portfolio comprises non-farm/non-residential real estate, construc... HOMB Profile

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