TAYLOR MORRISON HOME CORP (TMHC) Stock Technical Analysis
NYSE:TMHC - New York Stock Exchange, Inc. - US87724P1066 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to TMHC. In the last year, TMHC was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
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 1160920 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 54% of all stocks.
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 59.00 - 67.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, TMHC does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 62.70, a Stop Loss order could be placed below this zone.
More info and screens
53.38
67.49
We found 4 important support areas.
- A support zone ranging from 60.53 to 62.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 58.08 to 59.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 56.74 to 56.93. 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.
When analyzing the resistance we notice 2 important areas.
- Resistance @63.59 from a trend line in the weekly time frame.
- A resistance zone ranging from 64.73 to 66.82. 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 | 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 | 54.44 | 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) | UP | POSITIVE | The current price of TMHC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TMHC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.04 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 28.18 | NEUTRAL | The Stochastics value for TMHC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for TMHC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.03 | 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)
63.06
+1.35 (+2.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg2.19%
1 Week4.08%
2 Weeks1.43%
1 Month0.75%
3 Month7.48%
6 Month2.34%
12 Month4.37%
2 Year33.04%
3 Year151.14%
5 Year168%
10 Year216.09%
15 YearN/A
Volatility
ATR(14)2.1
ATR(20)%3.38%
ATR Inc0.45%
Range Today1.51
ADR(20)1.99
ADR(20)%3.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.44
Mansfield-0.78
10 Day High67.34
10 Day Low59
20 Day High67.34
20 Day Low59
52 Week High75.49
52 Week Low51.9
CS1 End62.7
CR1 Start63.59
Volume & EV
DER(3)-2.9%
DER(5)-2.85%
Volume883.40K
Volume Incr-7.54%
Vol(5)1.24M
Vol(50)1.16M