HMST Stock HomeStreet (HMST, $8.65) RSI Indicator left the oversold zone on June 06, 2024

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HMST - HomeStreet

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Odds of UP Trend

Price: $8.65

Daily change: -$0.27 (-3.03%)

Daily volume: 73.3K

Capitalization: $163.1M

Industry: Regional Banks

HMST in +9.12% Uptrend, rising for three consecutive days on November 11, 2024

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where HMST advanced for three days, in of 285 cases, the price rose further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where HMST's RSI Oscillator exited the oversold zone, of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on November 13, 2024. You may want to consider a long position or call options on HMST as a result. In of 88 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for HMST just turned positive on November 12, 2024. Looking at past instances where HMST's MACD turned positive, the stock continued to rise in of 36 cases over the following month. The odds of a continued upward trend are .

HMST may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

HMST moved below its 50-day moving average on October 18, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for HMST crossed bearishly below the 50-day moving average on October 21, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HMST declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for HMST entered a downward trend on November 08, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.512) is normal, around the industry mean (1.028). P/E Ratio (37.154) is within average values for comparable stocks, (18.622). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.381). Dividend Yield (0.021) settles around the average of (0.057) among similar stocks. P/S Ratio (1.535) is also within normal values, averaging (2.981).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. HMST’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.