TAYLOR MORRISON HOME CORP (TMHC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:TMHC - US87724P1066 - Common Stock
We assign a technical rating of 0 out of 10 to TMHC. 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.
TMHC 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.
More info and screens
53.38
We found 4 important support areas.
- A support zone ranging from 57.86 to 59.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.93 from a horizontal line in the daily 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 60.68 to 62.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @64.58 from a horizontal line in the daily time frame.
- 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 | 26.67 | NEGATIVE | TMHC has a low relative strength, it was outperformed by 73.33% 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) | 42.69 | NEUTRAL | The RSI value for TMHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.38 | NEGATIVE | The MACD value suggests TMHC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.99 | OVERSOLD | The low Stochastics value suggests TMHC may be oversold. |
| Average True Range in percent/ATR (20) | 2.59 | MEDIUM VOLATILITY | The ATR as a percentage value for TMHC suggests some volalility. |
| Average Directional Index/ADX (14) | 17.45 | NEGATIVE | The low ADX value for TMHC suggests a weak or negative trend. |
59.49
+0.63 (+1.07%)
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 42.6891. 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 59.28 and a resistance level at 60.68. Check the full technical report for our detailed analysis of TMHC support and resistance levels.