TAYLOR MORRISON HOME CORP (TMHC) Stock Technical Analysis
NYSE:TMHC - New York Stock Exchange, Inc. - US87724P1066 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to TMHC. TMHC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
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.
TMHC is part of the Household Durables industry. There are 64 other stocks in this industry. TMHC outperforms 82% of them.
In the last month TMHC has a been trading in the 54.58 - 61.08 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, TMHC outperforms 49% of them, which is more or less in line with the market.
TMHC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 57.94, a Stop Loss order could be placed below this zone.
More info and screens
53.38
62.91
When analyzing the support we notice one important area.
- A support zone ranging from 53.92 to 57.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 58.43 to 60.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 61.24 to 61.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @62.29 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for TMHC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TMHC is neutral. |
| ChartMill Relative Strength | 49.41 | NEUTRAL | TMHC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of TMHC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of TMHC is above 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) | 50.01 | NEUTRAL | The RSI value for TMHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests TMHC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.46 | NEUTRAL | The Stochastics value for TMHC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.73 | MEDIUM VOLATILITY | The ATR as a percentage value for TMHC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.25 | NEGATIVE | The low ADX value for TMHC suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
58.03
-1.32 (-2.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-2.22%
1 Week1.47%
2 Weeks3.11%
1 Month-1.54%
3 Month-1.12%
6 Month-10.34%
12 Month4.58%
2 Year18.99%
3 Year148.42%
5 Year200.83%
10 Year185.02%
15 YearN/A
Volatility
ATR(14)1.62
ATR(20)%2.73%
ATR Inc8.81%
Range Today1.71
ADR(20)1.47
ADR(20)%2.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.41
Mansfield-1.17
10 Day High61.08
10 Day Low54.58
20 Day High61.08
20 Day Low54.58
52 Week High75.49
52 Week Low51.9
CS1 End57.94
CR1 Start58.43
Volume & EV
DER(3)1.09%
DER(5)0.74%
Volume752.20K
Volume Incr-11.19%
Vol(5)798.28K
Vol(50)960.02K