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Archive - 4/4/2025 - Sign In to see current Signals. |
Pulte Homes, Inc. (PHM) Technical Analysis
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| Summary:
| | Weekly :      | | Daily :  Move cursor over the icon to see details.
| | It was the negative week for the Pulte Homes, Inc. (PHM). During the week, the PHM gave back -0.50 points, or -0.49%, and closed at 101.20 on Friday, April 4, 2025. Weekly volume was 21% above average. PHM is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See PHM long-term trend chart] A long-term uptrend had started on October 4, 2011 at 3.29 and reached 149.47 on October 21, 2024. PHM gained -146.18 points, or -4443.16%, in 680 weeks. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (48.54) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
Medium-term trend: [See PHM medium-term trend chart] A medium-term downtrend had started on October 21, 2024 at 149.47 and reached 95.10 on April 4, 2025. PHM lost 54.37 points, or 36.38%, in 23 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 87.99 and resistance is at 102.94. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See PHM weekly technical indicators chart] Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since October 25, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See PHM short-term trend chart] A short-term downtrend had started on January 30, 2025 at 121.30 and reached 95.10 on April 4, 2025. PHM lost 26.20 points, or 21.60%, in 64 days. The chart has formed a Descending Triangle chart pattern. The trend support level is at 100.35 and resistance is at 103.75. A Descending Triangle is a variation of triangle formation that has a flat support line and falling resistance line. The lower highs indicate the decreasing demand and give the descending triangle definitive bearish bias. A Descending Triangle usually represents a distribution stage in bearish market. A Descending Triangle is considered to be a continuation pattern, especially in a down trend, but it may also mark a reversal in an uptrend. Use the following link to access a Descending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Descending Triangle pattern in a short-term trend.
Daily Technical Indicators: [See PHM daily technical indicators chart] Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
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