PULTEGROUP INC (PHM) Stock Technical Analysis
NYSE:PHM - New York Stock Exchange, Inc. - US7458671010 - Common Stock - Currency: USD
Taking everything into account, PHM scores 6 out of 10 in our technical rating. PHM has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
66% of all other stocks performed better in the past year than PHM.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
PHM has an average volume of 2011880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
PHM is part of the Household Durables industry. There are 63 other stocks in this industry, PHM did better than 62% of them.
PHM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PHM is lagging the market.
In the last month PHM has a been trading in the 99.45 - 116.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PHM has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 108.49, a Stop Loss order could be placed below this zone.
More info and screens
93.58
119.70
4 important support areas can be observed.
- A support zone ranging from 107.61 to 108.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @101.68 from a trend line in the daily time frame.
- A support zone ranging from 97.55 to 99.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @94.53 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 109.55 to 110.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 114.05 to 115.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @118.51 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for PHM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PHM is up. |
| ChartMill Relative Strength | 34.84 | NEUTRAL | PHM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PHM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PHM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PHM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.65 | NEUTRAL | The RSI value for PHM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests PHM has a negative trend. |
| Stochastics (14,3) | 43.2 | NEUTRAL | The Stochastics value for PHM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.04 | MEDIUM VOLATILITY | The ATR as a percentage value for PHM suggests some volalility. |
| Average Directional Index/ADX (14) | 21.86 | NEUTRAL | The ADX value for PHM suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 110.84 | 107.60 | 3.24 (2.92%) | 25.00% |
| An entry @110.84. This is a Buy Stop order right above the resistance zone. | An exit @107.60. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.24 points, which is 2.92%. | For a 0.73% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of PHM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
108.66
-0.62 (-0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-0.57%
1 Week-4.91%
2 Weeks-0.64%
1 Month9.6%
3 Month14.44%
6 Month-7.15%
12 Month-12.9%
2 Year28.76%
3 Year149.11%
5 Year149.22%
10 Year424.42%
15 Year1137.59%
Volatility
ATR(14)3.54
ATR(20)%3.04%
ATR Inc-41.29%
Range Today2.77
ADR(20)3.28
ADR(20)%3.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS34.84
Mansfield-1.39
10 Day High116.42
10 Day Low107.07
20 Day High116.42
20 Day Low99.45
52 Week High149.47
52 Week Low88.07
CS1 End108.49
CR1 Start109.55
Volume & EV
DER(3)-0.74%
DER(5)-1.07%
Volume1.94M
Volume Incr6.43%
Vol(5)2.36M
Vol(50)2.01M