Buy Score Rank #4806 out of #5176
Wed 26'th Jul 2017
HomeTrust Bancshares Stock Analysis
Technical stock analysis for Wed 26'th Jul 2017
Sell candidate since 2017-07-25 Loss -1.43%
HomeTrust Bancshares lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -3.32% during the next 3 months and, with 90% probability hold a price between $22.23 and $23.88 at the end of this period.
There are few to none technical positive signals at the moment. HomeTrust Bancshares holds sales signals from both short- and long-term moving averages. In addition, there is a general sales signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up there will be some resistance from the lines at $24.20 and $24.52. A break-up above any of these levels will issue buy signals. A sales signal was issued from a pivot top point on Tuesday July 25, 2017, which indicates further falls until a new bottom pivot has been found. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.
Relative Strength Index (RSI)
RSI14 is 42 and the stock is currently not being overbought or oversold
Support & Resistance
HomeTrust Bancshares finds support from accumulated volume at . On the upside the stock meets some resistance just above today's level from accumulated volume at $25.05, $24.95 and $25.00.
The stock is about to test the resistance from accumulated volume at $25.05 and this may cause the stock to take a minor break or get into a more sideways move for a few days.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stoploss: We hold a sell evaluation for this stock. No stop-loss set.
HomeTrust Bancshares holds several negative signals and is within a falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our recommendation for this stock since last evaluation from a Hold/Accumulate to a Sell Candidate.