PULTEGROUP INC (PHM) Stock Technical Analysis
NYSE:PHM - US7458671010 - Common Stock
132.09 USD
+0.07 (+0.05%)
132.09 USD
0 (0%)
Taking everything into account, PHM scores 8 out of 10 in our technical rating. Although PHM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
PHM is one of the better performing stocks in the Household Durables industry, it outperforms 76% of 61 stocks in the same industry.
PHM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
PHM has an average volume of 2164540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, PHM did better than 76% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
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.
Besides having an excellent technical rating, PHM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 132.01, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PHM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
100.30
133.41
We found 5 important support areas.
- A support zone ranging from 130.46 to 132.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @123.33 from a trend line in the daily time frame.
- Support @112.92 from a horizontal line in the daily time frame.
- Support @107.61 from a horizontal line in the daily time frame.
- Support @101.31 from a trend line in the weekly 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 | 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 | 76.32 | POSITIVE | PHM has a high relative strength, it outperformed 76.32% 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) | DOWN | MIXED | The current price of PHM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.17 | NEUTRAL | The RSI value for PHM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests PHM has a negative trend. |
| Stochastics (14,3) | 86.31 | OVERBOUGHT | The high Stochastics value suggests PHM may be overbought. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for PHM suggests some volalility. |
| Average Directional Index/ADX (14) | 34.15 | POSITIVE | The high ADX value value for PHM suggests a strong 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 |
|---|---|---|---|
| 133.68 | 130.45 | 3.23 (2.42%) | 25.00% |
| An entry @133.68. This is a Buy Stop order right above the 10 day high. | An exit @130.45. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.23 points, which is 2.42%. | For a 0.60% 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.
132.09
+0.07 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.05%
1 Week-0.14%
2 Weeks3.03%
1 Month10.67%
3 Month31.79%
6 Month22.41%
12 Month1.45%
2 Year78.38%
3 Year252.24%
5 Year185.35%
10 Year600%
15 Year1407.88%
Volatility
ATR(14)3.57
ATR(20)%2.62%
ATR Inc-35.79%
Range Today3.13
ADR(20)3.29
ADR(20)%2.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.32
Mansfield0.53
10 Day High133.67
10 Day Low123.24
20 Day High133.67
20 Day Low118.36
52 Week High149.47
52 Week Low88.07
CS1 End132.01
CR1 StartN/A
Volume & EV
DER(3)3.21%
DER(5)0.84%
Volume1.44M
Volume Incr-22.92%
Vol(5)1.56M
Vol(50)2.16M