PULTEGROUP INC (PHM) Stock Technical Analysis
NYSE:PHM • US7458671010
We assign a technical rating of 9 out of 10 to PHM. 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.
- PHM is part of the Household Durables industry. There are 60 other stocks in this industry. PHM outperforms 81% of them.
- PHM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- 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 1919920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that PHM is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Besides having an excellent technical rating, PHM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 141.42. Right above this resistance zone may be a good entry point.
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111.79
When analyzing the support we can see 4 important areas.
- A support zone ranging from 127.84 to 130.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 122.00 to 123.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 118.37 to 119.06. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @112.92 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 141.42 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 | 81.83 | POSITIVE | PHM has a high relative strength, it outperformed 81.83% 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) | 62.49 | NEUTRAL | The RSI value for PHM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests PHM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.3 | OVERBOUGHT | The high Stochastics value suggests PHM may be overbought. |
| Average True Range in percent/ATR (20) | 3.07 | MEDIUM VOLATILITY | The ATR as a percentage value for PHM suggests some volalility. |
| Average Directional Index/ADX (14) | 34.16 | POSITIVE | The high ADX value value for PHM suggests a strong trend. |
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 |
|---|---|---|---|
| 142.58 | 131.11 | 11.47 (8.04%) | 12.43% |
| An entry @142.58. This is a Buy Stop order right above the resistance zone. | An exit @131.11. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 11.47 points, which is 8.04%. | When investing 12.43% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
140.02
+0.41 (+0.29%)
PULTEGROUP INC / PHM FAQ
Can you provide the ChartMill technical rating for PULTEGROUP INC?
ChartMill assigns a technical rating of 9 / 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 62.4873. 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 0.552477, indicating a bearish 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.