TAYLOR MORRISON HOME CORP (TMHC) Technical Analysis
NYSE:TMHC • US87724P1066
Current stock price
TMHC Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to TMHC. TMHC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, TMHC is a bad performer in the overall market: 65% of all stocks are doing better.
- TMHC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TMHC is lagging the market.
- In the last month TMHC has a been trading in the 57.28 - 68.60 range, which is quite wide. It is currently trading near the lows of this range.
- TMHC has an average volume of 1092550 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- TMHC is an average performer in the Household Durables industry, it outperforms 64% of 60 stocks in the same industry.
TMHC Weekly and Daily overview Charts
TMHC Setup Rating and Analysis
Although the technical rating is bad, TMHC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 58.50, a Stop Loss order could be placed below this zone.
More info and screens
TMHC Support and Resistance Analysis
56.66
We found 2 important support areas.
- A support zone ranging from 58.48 to 58.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @57.23 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 58.52 to 58.54. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 59.69 to 60.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 62.44 to 63.37. 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 68.22. 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.
TMHC 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 | 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 | 35.8 | NEUTRAL | TMHC is not amongst the best or worst performers 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) | UP | MIXED | The current price of TMHC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.87 | NEUTRAL | The RSI value for TMHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests TMHC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.69 | OVERSOLD | The low Stochastics value suggests TMHC may be oversold. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for TMHC suggests some volalility. |
| Average Directional Index/ADX (14) | 28.84 | POSITIVE | The high ADX value value for TMHC suggests a strong trend. |
TMHC Chart- and CandleStick Pattern Analysis
TMHC Technicals: Chart, Performance Metrics, Trend & Indicators
58.51
+0.37 (+0.64%)
TAYLOR MORRISON HOME CORP / TMHC TA 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 trend direction for 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 32.868. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TAYLOR MORRISON HOME CORP?
The MACD indicator for TAYLOR MORRISON HOME CORP (TMHC) has a value of -0.47344, indicating a bearish trend.
What is the buy/sell signal for TAYLOR MORRISON HOME CORP (TMHC) stock?
The buy/sell signal for TAYLOR MORRISON HOME CORP (TMHC) is sell as both the short term and long term trends are negative.