TAYLOR MORRISON HOME CORP (TMHC) Stock Technical Analysis
USA - NYSE:TMHC - US87724P1066 - Common Stock
62.94 USD
+2.34 (+3.86%)
62.94 USD
0 (0%)
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.
75% of all other stocks performed better in the past year than TMHC.
In the last month TMHC has a been trading in the 60.01 - 71.14 range, which is quite wide. It is currently trading near the lows of this range.
TMHC has an average volume of 1090590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
TMHC is part of the Household Durables industry. There are 63 other stocks in this industry, TMHC did better than 64% of them.
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.
The technical rating of TMHC is bad and it also does not present a quality setup 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
74.61
When analyzing the support we can see 4 important areas.
- Support @59.11 from a horizontal line in the daily time frame.
- Support @57.30 from a trend line in the weekly 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 64.19 to 66.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 71.84 to 71.90. 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.
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 | DOWN | NEGATIVE | The short term trend for TMHC is down. |
| ChartMill Relative Strength | 25.23 | NEGATIVE | TMHC has a low relative strength, it was outperformed by 74.77% 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) | UP | POSITIVE | The current price of TMHC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.1 | NEUTRAL | The RSI value for TMHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.56 | NEGATIVE | The MACD value suggests TMHC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.33 | OVERSOLD | The low Stochastics value suggests TMHC may be oversold. |
| Average True Range in percent/ATR (20) | 2.9 | MEDIUM VOLATILITY | The ATR as a percentage value for TMHC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.54 | 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)
62.94
+2.34 (+3.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg3.86%
1 Week-0.66%
2 Weeks-4.65%
1 Month-7.78%
3 Month0.46%
6 Month11.52%
12 Month-11.31%
2 Year64.25%
3 Year138.95%
5 Year191.39%
10 Year241.51%
15 YearN/A
Volatility
ATR(14)1.74
ATR(20)%2.9%
ATR Inc37.92%
Range Today3.15
ADR(20)1.76
ADR(20)%2.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.23
Mansfield-0.96
10 Day High68.55
10 Day Low60.01
20 Day High71.14
20 Day Low60.01
52 Week High75.49
52 Week Low51.9
CS1 End59.11
CR1 Start64.19
Volume & EV
DER(3)1.91%
DER(5)1.52%
Volume1.15M
Volume Incr6.8%
Vol(5)1.12M
Vol(50)1.09M