TAYLOR MORRISON HOME CORP (TMHC) Technical Analysis
NYSE:TMHC • US87724P1066
Current stock price
TMHC Technical Rating and Analysis
Overall TMHC gets a technical rating of 3 out of 10. 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 has an average volume of 1277330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the performance of all stocks over the past year, TMHC turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
- TMHC is part of the Household Durables industry. There are 60 other stocks in this industry, TMHC did better than 57% 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.
- In the last month TMHC has a been trading in the 55.26 - 66.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
TMHC Weekly and Daily overview Charts
TMHC Setup Rating and Analysis
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 60.60, a Stop Loss order could be placed below this zone.
More info and screens
TMHC Support and Resistance Analysis
55.22
4 important support areas can be observed.
- A support zone ranging from 60.40 to 60.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @59.25 from a trend line in the daily time frame.
- A support zone ranging from 57.29 to 57.55. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 55.78 to 55.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 61.10 to 62.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @64.58 from a trend line in the daily time frame.
- A resistance zone ranging from 67.43 to 68.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @70.11 from a trend line in the weekly time frame.
- Resistance @73.87 from a horizontal line in the weekly time frame.
TMHC Technical Indicator Signal Analysis
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 | 43.29 | NEUTRAL | TMHC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TMHC is above the rising 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) | 49 | NEUTRAL | The RSI value for TMHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests TMHC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.93 | NEUTRAL | The Stochastics value for TMHC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.53 | MEDIUM VOLATILITY | The ATR as a percentage value for TMHC suggests some volalility. |
| Average Directional Index/ADX (14) | 22.57 | NEUTRAL | The ADX value for TMHC suggests a possible start of a new trend. |
TMHC Chart- and CandleStick Pattern Analysis
TMHC Technicals: Chart, Performance Metrics, Trend & Indicators
60.66
-2.21 (-3.52%)
TAYLOR MORRISON HOME CORP / TMHC TA FAQ
What is the ChartMill technical rating of TAYLOR MORRISON HOME CORP (TMHC) stock?
ChartMill assigns a technical rating of 3 / 10 to TMHC.
What is the trend direction for TMHC stock?
The current trend direction for TAYLOR MORRISON HOME CORP (TMHC) is Bearish.
Can you provide the RSI signal for TAYLOR MORRISON HOME CORP?
TAYLOR MORRISON HOME CORP (TMHC) has an RSI value of 48.9994. This indicates that the stock is currently neutral.
What is the short term momentum for TMHC stock?
The short term momentum for TAYLOR MORRISON HOME CORP (TMHC) is neutral.