M/I HOMES INC (MHO) Stock Technical Analysis
NYSE:MHO - New York Stock Exchange, Inc. - US55305B1017 - Common Stock - Currency: USD
Overall MHO gets a technical rating of 0 out of 10. MHO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
79% of all other stocks performed better in the past year than MHO.
MHO is currently trading in the lower part 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.
MHO is part of the Household Durables industry. There are 64 other stocks in this industry, MHO did better than 50% of them.
In the last month MHO has a been trading in the 103.57 - 118.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MHO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 106.22, a Stop Loss order could be placed below this zone.
More info and screens
102.86
115.33
When analyzing the support we notice one important area.
- A support zone ranging from 103.90 to 106.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 107.31 to 108.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 111.49 to 114.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for MHO is neutral. |
| ChartMill Relative Strength | 21.61 | NEGATIVE | MHO has a low relative strength, it was outperformed by 78.39% off all stocks 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) | DOWN | NEGATIVE | The current price of MHO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.89 | NEUTRAL | The RSI value for MHO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MHO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.25 | NEUTRAL | The Stochastics value for MHO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for MHO suggests some volalility. |
| Average Directional Index/ADX (14) | 9.33 | NEGATIVE | The low ADX value for MHO suggests a weak or negative trend. |
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)
107.05
-2.41 (-2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-2.2%
1 Week0.41%
2 Weeks0.71%
1 Month-3.37%
3 Month-11.6%
6 Month-32.82%
12 Month-12.19%
2 Year22.78%
3 Year169.92%
5 Year210.83%
10 Year333.93%
15 Year1010.48%
Volatility
ATR(14)3.1
ATR(20)%3.15%
ATR Inc23.15%
Range Today3.66
ADR(20)3.06
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.61
Mansfield-2.5
10 Day High110.97
10 Day Low103.57
20 Day High118.27
20 Day Low103.57
52 Week High176.18
52 Week Low100.22
CS1 End106.22
CR1 Start107.31
Volume & EV
DER(3)-0.08%
DER(5)0.64%
Volume214.20K
Volume Incr8.45%
Vol(5)228.84K
Vol(50)236.85K