Londinia Opportunities Analyses - 05/14/2024 (GMT) TAYLOR MORRISON HOME - 1H

- USD (-)

- 15 min delayed data - NYSE Stocks

Type:	Stocks
Ticker:	TMHC
ISIN:

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

50%

22%

28%

My opinion

Bullish above 58.94 USD

My targets

60.82 USD (+1.71%)

62.17 USD (+3.96%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on TAYLOR MORRISON HOME as long as the price remains well above 58.94 USD. The buyers' bullish objective is set at 60.82 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 62.17 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

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.

Additional analysis

Quotes

TAYLOR MORRISON HOME rating 59.80 USD. The price has increased by +0.89% since the last closing with the lowest point at 59.42 USD and the highest point at 60.45 USD. The deviation from the price is +0.64% for the low point and -1.08% for the high point.

59.42

60.45

59.80

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a 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

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of TAYLOR MORRISON HOME in 1H shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% 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.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Momentum indicator is back under 0

Type : Bearish

Timeframe : 1 hour

Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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:

Bearish harami

Type : Bearish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	57.32	58.94	59.65	59.80	60.82	62.17
Change (%)	-4.15%	-1.44%	-0.25%	-	+1.71%	+3.96%
Change	-2.48	-0.86	-0.15	-	+1.02	+2.37
Level	Minor	Intermediate	Intermediate	-	Minor	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
Standard	58.01	58.62	58.94	59.55	59.87	60.48	60.80
Camarilla	59.01	59.10	59.19	59.27	59.36	59.44	59.53
Woodie	57.88	58.55	58.81	59.48	59.74	60.41	60.67
Fibonacci	58.62	58.97	59.19	59.55	59.90	60.12	60.48

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	56.74	57.37	58.46	59.09	60.18	60.81	61.90
Camarilla	59.09	59.25	59.40	59.56	59.72	59.88	60.03
Woodie	56.98	57.49	58.70	59.21	60.42	60.93	62.14
Fibonacci	57.37	58.02	58.43	59.09	59.74	60.15	60.81

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	43.38	48.48	52.25	57.35	61.12	66.22	69.99
Camarilla	53.57	54.38	55.20	56.01	56.82	57.64	58.45
Woodie	42.71	48.15	51.58	57.02	60.45	65.89	69.32
Fibonacci	48.48	51.87	53.97	57.35	60.74	62.84	66.22

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):	57.57
MACD (12,26,9):	0.2100
Directional Movement:	15.60
AROON (14):	64.29
DEMA (21):	59.81
Parabolic SAR (0,02-0,02-0,2):	59.32
Elder Ray (13):	0.20
Super Trend (3,10):	58.77
Zig ZAG (10):	59.76
VORTEX (21):	1.0100
Stochastique (14,3,5):	47.72
TEMA (21):	59.72
Williams %R (14):	-60.16
Chande Momentum Oscillator (20):	-0.28
Repulse (5,40,3):	-0.1900
ROCnROLL:	1
TRIX (15,9):	0.0500
Courbe Coppock:	0.98

MA7:	59.17
MA20:	57.09
MA50:	57.88
MA100:	55.74
MAexp7:	59.72
MAexp20:	59.52
MAexp50:	58.99
MAexp100:	58.34
Price / MA7:	+1.06%
Price / MA20:	+4.75%
Price / MA50:	+3.32%
Price / MA100:	+7.28%
Price / MAexp7:	+0.13%
Price / MAexp20:	+0.47%
Price / MAexp50:	+1.37%
Price / MAexp100:	+2.50%

Quotes : - 15 min delayed data - Actions NYSE

News

Don't forget to follow the news on TAYLOR MORRISON HOME. At the time of publication of this analysis, the latest news was as follows: