TAYLOR MORRISON HOME CORP (TMHC) Stock Technical Analysis
USA - NYSE:TMHC - US87724P1066 - Common Stock
Overall TMHC gets a technical rating of 0 out of 10. TMHC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, TMHC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
53.38
3 important support areas can be observed.
- Support @57.47 from a trend line in the weekly time frame.
- Support @55.77 from a horizontal line in the weekly time frame.
- A support zone ranging from 53.92 to 54.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 63.00 to 63.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 67.93 to 67.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @73.87 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for TMHC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TMHC is down. |
| ChartMill Relative Strength | 18.07 | NEGATIVE | TMHC has a low relative strength, it was outperformed by 81.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TMHC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TMHC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TMHC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.32 | NEUTRAL | The RSI value for TMHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests TMHC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.61 | NEUTRAL | The Stochastics value for TMHC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for TMHC suggests some volalility. |
| Average Directional Index/ADX (14) | 26.24 | POSITIVE | The high ADX value value for TMHC suggests a strong trend. |
59.14
+0.66 (+1.13%)
TAYLOR MORRISON HOME CORP / TMHC FAQ
What is the ChartMill technical rating of TAYLOR MORRISON HOME CORP (TMHC) stock?
ChartMill assigns a technical rating of 0 / 10 to TMHC.
What is the current trend direction of TAYLOR MORRISON HOME CORP (TMHC) stock?
The current trend direction for TAYLOR MORRISON HOME CORP (TMHC) is Bearish.
What is the RSI signal for TAYLOR MORRISON HOME CORP (TMHC) stock?
TAYLOR MORRISON HOME CORP (TMHC) has an RSI value of 35.3219. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TAYLOR MORRISON HOME CORP?
The short term momentum for TAYLOR MORRISON HOME CORP (TMHC) is negative.
What are the support and resistance levels for TAYLOR MORRISON HOME CORP (TMHC) stock?
TAYLOR MORRISON HOME CORP (TMHC) has a support level at 57.47 and a resistance level at 63. Check the full technical report for our detailed analysis of TMHC support and resistance levels.