TAYLOR MORRISON HOME CORP (TMHC) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:TMHC • US87724P1066
Overall TMHC gets a technical rating of 2 out of 10. 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.
- When comparing the yearly performance of all stocks, TMHC is a bad performer in the overall market: 67% of all stocks are doing better.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- TMHC is an average performer in the Household Durables industry, it outperforms 67% of 60 stocks in the same industry.
- 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 57.24 - 65.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TMHC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 59.28, a Stop Loss order could be placed below this zone.
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53.38
When analyzing the support we can see 4 important areas.
- A support zone ranging from 58.14 to 59.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @56.93 from a horizontal line in the daily 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.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 61.41 to 62.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 64.27 to 64.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 65.35 to 65.35. 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 | 33 | 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 | MIXED | The current price of TMHC is below the rising 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) | 45.71 | NEUTRAL | The RSI value for TMHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests TMHC has a negative trend. |
| Stochastics (14,3) | 29.22 | NEUTRAL | The Stochastics value for TMHC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for TMHC suggests some volalility. |
| Average Directional Index/ADX (14) | 14.07 | NEGATIVE | The low ADX value for TMHC suggests a weak or negative trend. |
60.95
-0.6 (-0.97%)
TAYLOR MORRISON HOME CORP / TMHC FAQ
What is the ChartMill technical rating of TAYLOR MORRISON HOME CORP (TMHC) stock?
ChartMill assigns a technical rating of 2 / 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 45.7126. 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 -0.27857, indicating a bearish trend.