TAYLOR MORRISON HOME CORP (TMHC) Stock Technical Analysis
NYSE:TMHC - New York Stock Exchange, Inc. - US87724P1066 - Common Stock - Currency: USD
Taking everything into account, TMHC scores 6 out of 10 in our technical rating. TMHC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, TMHC is a bad performer in the overall market: 65% of all stocks are doing better.
The long and short term trends are both positive. This is looking good!
TMHC is part of the Household Durables industry. There are 63 other stocks in this industry. TMHC outperforms 74% of them.
TMHC has an average volume of 1004060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TMHC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so TMHC is lagging the market.
In the last month TMHC has a been trading in the 58.23 - 67.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TMHC has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 61.25, a Stop Loss order could be placed below this zone.
More info and screens
53.38
67.04
When analyzing the support we can see 3 important areas.
- A support zone ranging from 59.24 to 61.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 56.93 to 58.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 53.92 to 55.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 64.74 to 66.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for TMHC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TMHC is up. |
| ChartMill Relative Strength | 35.61 | NEUTRAL | TMHC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TMHC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TMHC is above the rising 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) | 51.05 | NEUTRAL | The RSI value for TMHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.3 | NEGATIVE | The MACD value suggests TMHC has a negative trend. |
| Stochastics (14,3) | 29.85 | NEUTRAL | The Stochastics value for TMHC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for TMHC suggests some volalility. |
| Average Directional Index/ADX (14) | 26.65 | POSITIVE | The high ADX value value for TMHC suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 63.60 | 61.59 | 2.01 (3.16%) | 25.00% |
| An entry @63.60. This is a Buy Stop order right above the 10 day moving average. | An exit @61.59. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.01 points, which is 3.16%. | For a 0.79% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of TMHC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
62.17
-0.48 (-0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-0.77%
1 Week-3.66%
2 Weeks-0.67%
1 Month5.86%
3 Month7.9%
6 Month-5.13%
12 Month-7.61%
2 Year28.4%
3 Year116.62%
5 Year165.12%
10 Year222.96%
15 YearN/A
Volatility
ATR(14)2.06
ATR(20)%3.15%
ATR Inc-31.48%
Range Today1.42
ADR(20)1.93
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.61
Mansfield-0.94
10 Day High67.09
10 Day Low61.6
20 Day High67.09
20 Day Low58.23
52 Week High75.49
52 Week Low51.9
CS1 End61.25
CR1 Start64.74
Volume & EV
DER(3)1.34%
DER(5)0.84%
Volume752.40K
Volume Incr-0.23%
Vol(5)1.12M
Vol(50)1.00M