PULTEGROUP INC (PHM) Stock Technical Analysis
NYSE:PHM • US7458671010
Taking everything into account, PHM scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, PHM is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that PHM is one of the better performing stocks in the market, outperforming 84% of all stocks.
- PHM is one of the better performing stocks in the Household Durables industry, it outperforms 79% of 60 stocks in the same industry.
- PHM is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month PHM has a been trading in the 123.02 - 143.66 range, which is quite wide. It is currently trading near the high of this range.
- PHM has an average volume of 1905880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although PHM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
111.79
When analyzing the support we can see 3 important areas.
- A support zone ranging from 121.46 to 128.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @118.37 from a horizontal line in the weekly time frame.
- Support @112.92 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 142.57 to 142.57. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for PHM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PHM is up. |
| ChartMill Relative Strength | 84.36 | POSITIVE | PHM has a high relative strength, it outperformed 84.36% off all stocks 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) | UP | POSITIVE | The current price of PHM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.14 | NEUTRAL | The RSI value for PHM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.2 | POSITIVE | The MACD value suggests PHM has a positive trend. |
| Stochastics (14,3) | 91.78 | OVERBOUGHT | The high Stochastics value suggests PHM may be overbought. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for PHM suggests some volalility. |
| Average Directional Index/ADX (14) | 28.8 | POSITIVE | The high ADX value value for PHM suggests a strong trend. |
142.56
+3.67 (+2.64%)
PULTEGROUP INC / PHM FAQ
Can you provide the ChartMill technical rating for PULTEGROUP INC?
ChartMill assigns a technical rating of 10 / 10 to PHM.
What is the trend direction for PHM stock?
The current trend direction for PULTEGROUP INC (PHM) is Bullish.
Can you provide the RSI signal for PULTEGROUP INC?
PULTEGROUP INC (PHM) has an RSI value of 69.1436. This indicates that the stock is currently neutral.
Can you provide the MACD signal for PULTEGROUP INC?
The MACD indicator for PULTEGROUP INC (PHM) has a value of 1.19983, indicating a bullish trend.
What is the buy/sell signal for PULTEGROUP INC (PHM) stock?
The buy/sell signal for PULTEGROUP INC (PHM) is buy as both the short term and long term trends are positive.