TAYLOR MORRISON HOME CORP (TMHC) Stock Technical Analysis
NYSE:TMHC - New York Stock Exchange, Inc. - US87724P1066 - Common Stock - Currency: USD
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
62% of all other stocks performed better in the past year than TMHC.
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 55.26 - 62.35 range, which is quite wide. It is currently trading near the lows of this range.
TMHC is part of the Household Durables industry. There are 64 other stocks in this industry. TMHC outperforms 73% of them.
TMHC has an average volume of 1018640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TMHC has a poor technical rating and the quality of the setup is also only medium 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
62.91
2 important support areas can be observed.
- 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 2 important areas.
- A resistance zone ranging from 58.37 to 61.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 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 | 38.46 | 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) | DOWN | NEGATIVE | The current price of TMHC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.88 | NEUTRAL | The RSI value for TMHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests TMHC has a negative trend. |
| Stochastics (14,3) | 10.66 | OVERSOLD | The low Stochastics value suggests TMHC may be oversold. |
| Average True Range in percent/ATR (20) | 2.75 | MEDIUM VOLATILITY | The ATR as a percentage value for TMHC suggests some volalility. |
| Average Directional Index/ADX (14) | 14.71 | 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)
56.43
-0.09 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-0.16%
1 Week-5.97%
2 Weeks-3.82%
1 Month-2.07%
3 Month-7.17%
6 Month-20.61%
12 Month-2.18%
2 Year33%
3 Year94.79%
5 Year191.93%
10 Year193.3%
15 YearN/A
Volatility
ATR(14)1.58
ATR(20)%2.75%
ATR Inc-1.67%
Range Today1.77
ADR(20)1.4
ADR(20)%2.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.46
Mansfield-1.19
10 Day High62.36
10 Day Low55.26
20 Day High62.36
20 Day Low55.26
52 Week High75.49
52 Week Low51.9
CS1 End55.77
CR1 Start58.37
Volume & EV
DER(3)-3.57%
DER(5)-4.35%
Volume642.20K
Volume Incr20.69%
Vol(5)1.13M
Vol(50)1.02M