Investors can use this prediction interface to forecast Home BancShares historic prices and determine the direction of Home BancShares future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of Home BancShares historical fundamentals such as revenue growth or operating cash flow patterns. Although naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Home BancShares systematic risks associated with finding meaningful patterns of Home BancShares fundamentals over time. Please also check Historical Fundamental Analysis of Home BancShares to cross-verify your projections.
On June 27, 2019 Home BancShares had Accumulation Distribution of 10529.403472. The accumulation distribution (A/D) indicator shows the degree to which Home BancShares is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Home BancShares to determine if accumulation or reduction is taking place in the market. This value is adjusted by Home BancShares trading volume to give more weight to distributions with higher volume over lower volume.
On June 28 2019 Home BancShares was traded for 19.12 at the closing time. The top price for the day was 19.50 and the lowest listed price was 19.03 . The trading volume for the day was 2.1 M. The trading history from June 28, 2019 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 0.63% . The trading delta at closing time against the current closing price is 1.42% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume