HOMZ's RSI Oscillator ascends from oversold territory
The RSI Oscillator for HOMZ moved out of oversold territory on January 08, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 18 similar instances when the indicator left oversold territory. In of the 18 cases the stock moved higher. This puts the odds of a move higher at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where HOMZ 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 HOMZ entered a downward trend on January 02, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category MidCapValue
HOMZ and ETFs
Correlation & Price change
A.I.dvisor tells us that HOMZ and COWZ have been poorly correlated (+26% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that HOMZ and COWZ's prices will move in lockstep.
| Ticker / NAME | Correlation To HOMZ | 1D Price Change % | ||
|---|---|---|---|---|
| HOMZ | 100% | +0.80% | ||
| COWZ - HOMZ | 26% Poorly correlated | +0.62% | ||
| IJJ - HOMZ | 24% Poorly correlated | +1.39% | ||
| IWS - HOMZ | 24% Poorly correlated | +1.20% | ||
| VOE - HOMZ | 23% Poorly correlated | +1.05% | ||
| SDY - HOMZ | 23% Poorly correlated | +0.87% |