You are currently viewing Long term trading analysis for (HOMB)

Long term trading analysis for (HOMB)

Longer-term trading plans for HOMB

  • Buy HOMB just above 22.23, target 23.95, stop loss at 22.17 details
  • The technical summary data tells us to buy HOMB at 22.23 with an upside target of 23.95. This data also tells us to set a stop loss at 22.17 to protect ourselves from excessive losses in case the stock starts moving against the trade. 22.23 is the first support level below 23.14 and according to the rule, any test of support is a buy signal. In this case, the support at 22.23 would be tested, so a buy signal would be present.

  • Short HOMB just below 23.95, target 22.23, stop loss at 24.02 details
  • The technical summary data suggests a short of HOMB as it approaches 23.95, with a downside target of 22.23. However, we should place a stop loss at 24.02. 23.95 is the first resistance level above 23.14, and any test of resistance is usually a short signal. In this case, a short signal would be present if the 23.95 resistance is tested.

Swing trading plans for HOMB

  • Buy HOMB just above 23.17, target 23.95, stop loss at 23.1 details
  • If 23.17 starts to rise, the technical summary data tells us to buy HOMB just above 23.17, with an upside target of 23.95. The data also tells us to set a stop loss at 23.1 in case the stock turns against the trade. 23.17 is the first resistance level above 23.14, and any break above resistance is usually a buy signal. In this case, 23.17, the initial resistance, would rise to the upside, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

  • Short HOMB just near 23.17, target 22.66, stop loss at 23.24. details
  • The technical summary data suggests a short of HOMB if it tests 23.17 with a downside target of 22.66. However, we should place a stop loss at 23.24 in case the stock starts moving against the trade. Any test of resistance is basically a short signal. In this case, a short signal would be present if the resistance 23.17 is tested. Since this plan is a short plan based on a test of resistance, it is called a short resistance plan.

Day trading plans for HOMB

  • Buy HOMB just above 23.29, target 23.95, stop loss at 23.24 details
  • If 23.29 starts to rise, the technical summary data tells us to buy HOMB just above 23.29, with an upside target of 23.95. The data also tells us to set a stop loss at 23.24 in case the stock turns against the trade. 23.29 is the first resistance level above 23.14, and any break above resistance is usually a buy signal. In this case, 23.29, the initial resistance, would rise to the upside, so a buy signal would be present. Since this plan is based on a break of resistance, it is called a Long Resistance Plan.

  • Short HOMB just near 23.29, target 22.66, stop loss at 23.34. details
  • The technical summary data suggests a short of HOMB if it tests 23.29 with a downside target of 22.66. However, we should place a stop loss at 23.34 in case the stock starts moving against the trade. Any test of resistance is basically a short signal. In this case, a short signal would be present if the resistance 23.29 is tested. Since this plan is a short plan based on a test of resistance, it is called a short resistance plan.

Check the timestamp of this data. Updated AI-generated signals for Home Bancshares Inc. (HOMB) available here: HOMB.

HOMB ratings for June 22:







Term → Vicinity center
Long
reviews Neutral Neutral Neutral
1st place 0 0 22.23
place 2 23.02 22.66 23,95
place 3 23.29 23.17 25.63
AI-generated signals for HOMB

HOMB long-term analysis for June 22, 2024

Blue = Current price
Red = resistance
Green = support

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This report was created using an AI developed by Stock Traders Daily. Over the last 20 years, this proprietary AI has been refined to identify the most favorable trading strategies for both individual stocks and the stock markets themselves. This method is also applied to index options, ETFs and futures. The goal of this specific report is to optimize trading in Home Bancshares Inc. (NASDAQ: HOMB) while incorporating prudent risk controls.

Warning:

This is a static report. The data below was valid at the time of publication, but support and resistance levels for HOMB change over time, so the report should be updated regularly. Subscribers get real-time updates. Unlimited real-time reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection against market downturns with Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, when HOMB tests support, buy signals emerge and resistance is the target. Conversely, a test of resistance is a sign to control risk or go short and support would be the downside target accordingly. In any case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel) and to act as a risk control level.

Swing trades, day trades and longer-term trading plans:

This data is refined to also distinguish trading plans for day trading, swing trading and long-term investment plans for HOMB. All of these are offered below the summary table.

Fundamental charts for HOMB:

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