TRI POINTE HOMES INC (TPH) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:TPH • US87265H1095
Overall TPH gets a technical rating of 7 out of 10. TPH has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- TPH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so TPH is lagging the market slightly.
- In the last month TPH has a been trading in the 32.80 - 36.04 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, TPH turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
- TPH is part of the Household Durables industry. There are 60 other stocks in this industry, TPH did better than 59% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Besides having an excellent technical rating, TPH also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 34.59, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
29.80
When analyzing the support we can see 4 important areas.
- A support zone ranging from 33.53 to 34.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.18 from a trend line in the weekly time frame.
- A support zone ranging from 30.64 to 31.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @30.10 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @36.15 from a horizontal line in the daily time frame.
- A resistance zone ranging from 37.15 to 37.33. 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 TPH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TPH is up. |
| ChartMill Relative Strength | 55.55 | NEUTRAL | TPH is not amongst the best or worst performers 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) | 61.85 | NEUTRAL | The RSI value for TPH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests TPH has a positive trend. |
| Stochastics (14,3) | 81.58 | OVERBOUGHT | The high Stochastics value suggests TPH may be overbought. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for TPH suggests some volalility. |
| Average Directional Index/ADX (14) | 15.95 | NEGATIVE | The low ADX value for TPH suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 36.16 | 33.52 | 2.64 (7.30%) | 13.70% |
| An entry @36.16. This is a Buy Stop order right above the resistance zone. | An exit @33.52. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.64 points, which is 7.30%. | When investing 13.70% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
35.46
+0.06 (+0.17%)
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 7 / 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 Bearish.
Can you provide the RSI signal for TRI POINTE HOMES INC?
TRI POINTE HOMES INC (TPH) has an RSI value of 61.8521. This indicates that the stock is currently neutral.
What is the MACD signal for TPH stock?
The MACD indicator for TRI POINTE HOMES INC (TPH) has a value of 0.0944371, indicating a bearish trend.