TRI POINTE HOMES INC (TPH) Technical Analysis
NYSE:TPH • US87265H1095
Taking everything into account, TPH scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TPH is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, TPH did better than 90% of all other stocks.
- TPH is one of the better performing stocks in the Household Durables industry, it outperforms 100% of 60 stocks in the same industry.
- TPH is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- TPH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- TPH has an average volume of 2411110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
TPH has an excellent technical rating, but the quality of the setup is only medium 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
29.59
We found 4 important support areas.
- A support zone ranging from 46.29 to 46.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.53 from a trend line in the weekly time frame.
- A support zone ranging from 30.80 to 31.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @29.89 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 46.39 to 46.45. 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 TPH is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TPH is up. |
| ChartMill Relative Strength | 90.14 | POSITIVE | TPH has a high relative strength, it outperformed 90.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TPH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TPH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TPH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 82.92 | OVERBOUGHT | The high RSI value suggests TPH may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests TPH has a negative trend. |
| Stochastics (14,3) | 27.78 | NEUTRAL | The Stochastics value for TPH is a neutral value. |
| Average True Range in percent/ATR (20) | 1.58 | LOW VOLATILITY | The low ATR as a percentage value for TPH suggests low volalility. |
| Average Directional Index/ADX (14) | 61.78 | POSITIVE | The high ADX value value for TPH suggests a strong trend. |
TPH Technicals: Chart, Performance Metrics, Trend & Indicators
46.38
-0.02 (-0.04%)
TRI POINTE HOMES INC / TPH FAQ
What is the ChartMill technical rating of TRI POINTE HOMES INC (TPH) stock?
ChartMill assigns a technical rating of 10 / 10 to TPH.
Can you provide the trend direction for TRI POINTE HOMES INC?
The current trend direction for TRI POINTE HOMES INC (TPH) is Bullish.
Can you provide the RSI signal for TRI POINTE HOMES INC?
TRI POINTE HOMES INC (TPH) has an RSI value of 82.9161. This indicates that the stock is currently overbought.
What is the MACD signal for TPH stock?
The MACD indicator for TRI POINTE HOMES INC (TPH) has a value of -0.354187, indicating a bearish trend.
What is the buy/sell signal for TRI POINTE HOMES INC (TPH) stock?
The buy/sell signal for TRI POINTE HOMES INC (TPH) is buy as both the short term and long term trends are positive.