PHM Technical Analysis - PULTEGROUP INC

Technical Rating and Analysis

Taking everything into account, PHM scores 2 out of 10 in our technical rating. In the last year, PHM was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

When comparing the yearly performance of all stocks, PHM is a bad performer in the overall market: 64% of all stocks are doing better.

PHM 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.

PHM is one of the better performing stocks in the Household Durables industry, it outperforms 70% of 63 stocks in the same industry.

PHM has an average volume of 2133560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

PHM has a poor technical rating and the quality of the setup is also not perfect 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

106.53

142.84

3 important support areas can be observed.

A support zone ranging from 120.04 to 121.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @110.64 from a trend line in the daily time frame.
Support @107.61 from a horizontal line in the daily time frame.

We found 1 important resistance area.

A resistance zone ranging from 139.47 to 141.43. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

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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	NEUTRAL	NEUTRAL	The long term trend for PHM is neutral.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for PHM is down.
ChartMill Relative Strength	36.4	NEUTRAL	PHM is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of PHM is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of PHM is below 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)	42.39	NEUTRAL	The RSI value for PHM is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.85	NEGATIVE	The MACD value suggests PHM has a negative trend, although the MACD value is rising.
Stochastics (14,3)	29.04	NEUTRAL	The Stochastics value for PHM is a neutral value.
Average True Range in percent/ATR (20)	2.88	MEDIUM VOLATILITY	The ATR as a percentage value for PHM suggests some volalility.
Average Directional Index/ADX (14)	19.18	NEGATIVE	The low ADX value for PHM suggests a weak or negative trend.