Technical analysis from Homeloans (HOM.AX, ASX:HOM.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Homeloans
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Momentum continues to rise for Homeloans signalling an uptrend will persist
Momentum /
Momentum continues to rise for Homeloans signalling an uptrend will persist

[BULLISH]: Homeloans currently has positive momentum of 0.035. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 1.8%. The largest upward momentum rally for the last 3 months is 5 days producing a return of 3.8%.

Traders are now accumulating Homeloans
Accumulation / Distribution /
Traders are now accumulating Homeloans

[BULLISH CROSSOVER]: Homeloans current price has highlighted the commencement of accumulation and the start of bullish trading conditions. Currently, the ADLINE is 73808.

Closing Price /
HOM: Closing price of $0.565 (1.8 %)

HOM: CLOSE Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BEARISH (3) 20 Jun: BULLISH

Commodity Channel Index /
Homeloans: CCI(138)

[BEARISH]: Homeloans current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is 138. The bearish signal has been active for 0 day. During the quarter, the highest CCI value was 148.

Simple Moving Average /
The SMA trend following signal is still current for Homeloans [Bullish]

[BULLISH]: Homeloans currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 1.8%.

Open Tod Vs Close Tod /
Homeloans: Buyers were in control all day.

HOM: Open today versus close yesterday Current Signal ->(1) 22 Jun: BULLISH STRONG (2) 21 Jun: BEARISH (3) 20 Jun: BULLISH

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Close Tod Vs Close Yest /
Closing price for HOM ($0.565) signals buyers are now keener than sellers

[BULLISH]: Homeloansbuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for HOM adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 2.8 & the greatest daily positive change this year has been 10.1. The longest consecutive upswing rally over the last 12 months has been 4 days giving a total rally upward movement of 15.1%. This quarter, the largest upswing rally has been 4 days giving a total rally upward movement of 15.1%. The win ratio for price rise in the first timeframe for the last 12 months is 0.3x giving a total win/loss ratio of 1.2x. Over the last month the average daily upward movement has been 2.100000%

Homeloans: 2nd timeframe trend Downtrend remains intact
Medium Trend /
Homeloans: 2nd timeframe trend Downtrend remains intact

[BEARISH]: Homeloans is in an downtrend in the medium term timeframe. The current rally number is 38 & the highest rally count for the LTM is 38. The highest rally for the month is 15

Homeloans: Daily price range is $0.01 [Decreasing Range]
Price Range /
Homeloans: Daily price range is $0.01 [Decreasing Range]

[BEARISH]: Homeloans current downtrend in the first timeframe. Currently, the Range is $0.01.

Moving Average Envelope /
Closing price for HOM is still below the lower envelope signalling a bullish movement

[BULLISH]: Homeloans current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 0.513.

Percentage Price /
PPO has positive momentum signalling a continuation of upward price rise for HOM

HOM: PPO Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH CROSSOVER (3) 20 Jun: BULLISH CROSSOVER

White Marubozu /
HOM Basic Candle: White Marubozu

[BULLISH]: Homeloans has formed a White Marubozu candlestick. This means, HOM has received strong buying confidence and upward price movement over the trading day with no upper or lower shadows present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

[Bullish]: Trend following indicator for HOM highlights upward price direction is likely
Triangular Moving Average /
[Bullish]: Trend following indicator for HOM highlights upward price direction is likely

[BULLISH]: Homeloans currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 1.8%.

Price continues to trade above the Sine Weighted Moving Average(5) for HOM
Sine Weighted Moving Average /
Price continues to trade above the Sine Weighted Moving Average(5) for HOM

[BULLISH]: Homeloans currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 1.8%.

Ease of Movement /
Homeloans was difficult to move downward due to high volume in recent trading [Bearish]

HOM: EOM Current Signal -> (1) 22 Jun: BEARISH HARD (2) 21 Jun: BULLISH HARD (3) 20 Jun: BULLISH HARD

Elders Force Index /
Bullish conditions for HOM have commenced based on EFI (140)

[BULLISH]: Homeloans current price has highlighted recent buying pressure. Currently, the Elders Force Index is 140.

On Balance Volume /
Homeloans: Current trading activity signals OBV accumulation is present

[BULLISH]: Homeloans current price has highlighted recent accumulation. Currently, the OBV is 395582.

Stochastic overbought signal had been initiated for Homeloans
Stochastic Oscillator /
Stochastic overbought signal had been initiated for Homeloans

[BEARISH]: Homeloans is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Homeloans: Close versus price range (100%.)
Close Tod Vs Range Tod /
Homeloans: Close versus price range (100%.)

[BULLISH]: Homeloans buyers are in control at the market close. This is the first day of buyer commitment for Homeloans adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 47 trading days with the closing price in the upper part of the range giving a confirmation ratio of 17.9%. Over the last month there has been 1 trading day with the closing price in the upper range giving a confirmation ratio of 6.7%. Currently this quarter, closing price has spent 11 days in the upper price range compared to 15 days in the lower range giving a ratio of 0.7x.

Homeloans: Positive divergence confirmed from CMF Crossover
Chaikin Money Flow /
Homeloans: Positive divergence confirmed from CMF Crossover

[BULLISH CROSSOVER]: Homeloans current price has highlighted recent buying pressure and the start of a bullish trading conditions. Currently, the CMF is 0.11. During the quarter, the highest CMF value was 0.36 occurring on the Jun 22 2018.

Average Directional Movement /
Homeloans: Average Directional Index (19.94) has confirmed a weak trend is present

[Weak Trend]: ADX for HOM has confirmed a weak trend is present. Homeloans has an ATR(14) of 0.01, a DX of 26.23 & an ADX(14) of 19.94

Aroon Oscillator /
Homeloans: Aroon oscillator (84) has confirmed a strong uptrend is present

[BULLISH]: Homeloans has a current ARU(25) of 96 and a current ARD(25) of 12

Volume /
Strong volume performance from HOM has seen a higher volume of 564.8 [Uptrend]

[BULLISH]: Homeloans current volume uptrend in the first timeframe. Volume for HOM is 194548 (564.8).

MACD Volume /
[Bullish]: Homeloans currently has positive Volume MACD histogram 11712

[BULLISH]: Homeloans currently has positive Volume MACD of 11712. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Recent trading signals Homeloans is being accumulated
Daily Volume Index /
Recent trading signals Homeloans is being accumulated

[BULLISH]: Homeloans current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 23.

Stoploss for Homeloans should be set between $0.56
Demarks Pivot Points /
Stoploss for Homeloans should be set between $0.56

Homeloans has broken the first DeMark resistance point ($0.5625) [Bullish]. Look for a long limit order entry near this point. Exit price for HOM should be set @$0.57 & Stoploss for Homeloans should be set at $0.56

Weighted Moving Average /
Homeloans is in a short term uptrend with the support price @$0.559

[BULLISH]: Homeloans currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 1.8%.

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