PULTEGROUP INC.
PULTEGROUP INC.
- USD (-)
- 15 min delayed data - NYSE Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: PHM
ISIN:

PULTEGROUP INC. - Daily - Technical analysis published on 07/18/2024 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
89%
6%
6%
My opinion
Bullish above 117.22 USD
My targets
125.02 USD (+2.71%)
My analysis
PULTEGROUP INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 117.22 USD. The next resistance located at 125.02 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by AMIKOTUN. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The PULTEGROUP INC. rating is 121.72 USD. On the day, this instrument lost -2.28% and was traded between 121.60 USD and 124.30 USD over the period. The price is currently at +0.10% from its lowest and -2.08% from its highest.

121.60
124.30
121.72

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by PULTEGROUP INC.:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of PULTEGROUP INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, 16 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 101.10 105.14 117.22 121.72 121.86
Change (%) -16.94% -13.62% -3.70% - +0.12%
Change -20.62 -16.58 -4.50 - +0.14
Level Intermediate Major Intermediate - Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard118.08119.84120.78122.54123.48125.24126.18
Camarilla120.98121.23121.47121.72121.97122.22122.46
Woodie117.67119.64120.37122.34123.07125.04125.77
Fibonacci119.84120.87121.51122.54123.57124.21125.24


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard94.1999.10107.72112.63121.25126.16134.78
Camarilla112.61113.85115.09116.33117.57118.81120.05
Woodie96.04100.03109.57113.56123.10127.09136.63
Fibonacci99.10104.27107.47112.63117.80121.00126.16


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard97.30102.97106.54112.21115.78121.45125.02
Camarilla107.56108.41109.25110.10110.95111.79112.64
Woodie96.24102.45105.48111.69114.72120.93123.96
Fibonacci102.97106.50108.68112.21115.74117.92121.45

Numerical data


The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 65.42
MACD (12,26,9): 1.5400
Directional Movement: 25.55
AROON (14): 64.29
DEMA (21): 113.90
Parabolic SAR (0,02-0,02-0,2): 106.09
Elder Ray (13): 9.14
Super Trend (3,10): 111.99
Zig ZAG (10): 121.72
VORTEX (21): 1.0300
Stochastique (14,3,5): 90.62
TEMA (21): 116.15
Williams %R (14): -13.97
Chande Momentum Oscillator (20): 11.62
Repulse (5,40,3): 2.7100
ROCnROLL: 1
TRIX (15,9): -0.0900
Courbe Coppock: 8.76
MA7: 114.93
MA20: 110.78
MA50: 113.56
MA100: 112.65
MAexp7: 116.61
MAexp20: 112.80
MAexp50: 112.36
MAexp100: 110.30
Price / MA7: +5.91%
Price / MA20: +9.88%
Price / MA50: +7.19%
Price / MA100: +8.05%
Price / MAexp7: +4.38%
Price / MAexp20: +7.91%
Price / MAexp50: +8.33%
Price / MAexp100: +10.35%

Quotes : - 15 min delayed data - NYSE Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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