HOMZ Stock Summary and Trading Ideas (Hoya Capital Housing ETF | ARCA:HOMZ)

HOMZ seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Hoya Capital Housing 100 Index. a rules-based Index designed to track the 100 companies that collectively represent the performance of the US Housing Industry. The Index is designed to track the companies with the potential to benefit from rising rents, appreciating home values, and a persistent housing shortage.

Hoya Capital Housing ETF trades on the ARCA stock market under the symbol HOMZ.

As of May 6, 2024, HOMZ stock price climbed to $43.67 with 354 million shares trading.

HOMZ has a market cap of $42.58 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, HOMZ stock traded as high as $45.18 and as low as $28.97.

HOMZ stock has underperformed the market in the last year with a return of +27.6%, while SPY returned +28.0%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in HOMZ shares. However, HOMZ has outperformed the market in the last 3 month and 2 week periods, returning +6.5% and +6.3%, while SPY returned +4.6% and +4.1%, respectively. This indicates HOMZ has been having a stronger performance recently.

HOMZ support price is $42.61 and resistance is $43.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HOMZ stock will trade within this expected range on the day.