PulteGroup Technical Analysis (NYSE:PHM)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The PulteGroup stock price data and volume are plotted in PHM stock charts and these trading charts form the basis of technical analysis.
See PulteGroup bollinger bands, SMA (200 day moving average, 50 day moving average) and exponential moving averages. Technical analysis is used by finance professionals and is popular among traders, especially day traders. Undertaking PulteGroup stock analysis using these technical indicators helps identify trading opportunities.
PulteGroup Moving Average:
Moving averages show the PHM stock price trend. The two most popular types of moving averages are the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). Moving averages can be used for PHM trend identification. A rising moving average shows that stock prices are generally increasing.
PulteGroup Bollinger Bands:
Bollinger bands comprise of a center line usually PHM SMA, and two PHM stock price bands above and below it. The stock is considered over brought when the price starts moving closer towards the upper band, and is considered oversold as stock price moves closer towards the lower band. PulteGroup bollinger bands show that the stock price is $25.88, upper band is 27.88, lower band is 22.33, and the average is 25.11.
PulteGroup Moving Average Convergence Divergence or MACD:
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The PulteGroup MACD indicator can be used to identify bullish and bearish trends for the stock.
PulteGroup Relative Strength Index:
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 50.17 is the RSI value of PHM stock. .