M/I HOMES INC (MHO) Technical Analysis
NYSE:MHO • US55305B1017
Current stock price
121.62 USD
-1.38 (-1.12%)
At close:
121.62 USD
0 (0%)
After Hours:
MHO Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to MHO. MHO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- MHO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- When comparing the performance of all stocks over the past year, MHO turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
- MHO is an average performer in the Household Durables industry, it outperforms 67% of 60 stocks in the same industry.
- MHO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MHO is lagging the market slightly.
MHO Weekly and Daily overview Charts
MHO Setup Rating and Analysis
MHO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
MHO Support and Resistance Analysis
104.51
149.54
We found 2 important support areas.
- Support @118.69 from a trend line in the daily time frame.
- Support @105.57 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 121.63 to 123.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 133.91 to 134.23. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @140.30 from a horizontal line in the daily time frame.
- A resistance zone ranging from 145.61 to 148.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
MHO Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MHO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MHO is down. |
| ChartMill Relative Strength | 40.96 | NEUTRAL | MHO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MHO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MHO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MHO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.74 | NEUTRAL | The RSI value for MHO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests MHO has a positive trend. |
| Stochastics (14,3) | 33.39 | NEUTRAL | The Stochastics value for MHO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for MHO suggests some volalility. |
| Average Directional Index/ADX (14) | 29.11 | POSITIVE | The high ADX value value for MHO suggests a strong trend. |
MHO Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
MHO Technicals: Chart, Performance Metrics, Trend & Indicators
121.62
-1.38 (-1.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.12%
1 Week-0.21%
2 Weeks-1.02%
1 Month-12.11%
3 Month-4.87%
6 Month-17.86%
12 Month6.41%
2 Year4.65%
3 Year79.8%
5 Year74.44%
10 Year505.08%
15 Year815.12%
Volatility
ATR(14)3.75
ATR(20)%3.3%
ATR Inc3.2%
Range Today4.26
ADR(20)3.69
ADR(20)%3.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.96
3 months CRS36.48
6 months CRS24.71
Mansfield-0.66
10 Day High125.67
10 Day Low117.87
20 Day High137.98
20 Day Low117.87
52 Week High158.92
52 Week Low100.22
CS1 End118.69
CR1 Start121.63
Volume & EV
DER(3)-4.1%
DER(5)-1.81%
Volume159.90K
Volume Incr-14.45%
Vol(5)221.28K
Vol(50)264.82K
M/I HOMES INC / MHO TA FAQ
What is the ChartMill technical rating of M/I HOMES INC (MHO) stock?
ChartMill assigns a technical rating of 1 / 10 to MHO.
Can you provide the trend direction for M/I HOMES INC?
The current trend direction for M/I HOMES INC (MHO) is Bearish.
Can you provide the RSI signal for M/I HOMES INC?
M/I HOMES INC (MHO) has an RSI value of 36.7351. This indicates that the stock is currently neutral.
Can you provide the MACD signal for M/I HOMES INC?
The MACD indicator for M/I HOMES INC (MHO) has a value of 0.05601, indicating a bearish trend.
What is the support and resistance level for MHO stock?
M/I HOMES INC (MHO) has a support level at 118.69 and a resistance level at 121.63. Check the full technical report for our detailed analysis of MHO support and resistance levels.