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Uptrend ExhaustionArchive
- 5/2/2025 -
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Pulte Homes, Inc. (PHM) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a third positive week after 5 consecutive negative weeks for the Pulte Homes, Inc. (PHM). During the week, the PHM gained 2.58 points, or 2.53%, and closed at 104.46 on Friday, May 2, 2025. Weekly volume was -15% below average.
 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 (48.79) 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 88.07 on April 9, 2025. PHM lost 61.40 points, or 41.08%, in 24 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (83.00) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. PHM may retest the broken resistance line. It is considered to be a support line now. 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 medium-term trend.
 Weekly Technical Indicators: [See PHM weekly technical indicators chart]
Weekly technical indicators are neutral.
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 uptrend had started on April 9, 2025 at 88.07 and reached 105.62 on April 23, 2025. PHM gained -17.55 points, or -19.93%, in 14 days. The price is now at the 6.61% retracement level.
 Daily Technical Indicators: [See PHM daily technical indicators chart]
Daily Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range. 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 link to access Williams' Percentage Range help.
The daily MACD line is above its signal line since April 21, 2025. This is an indication that the short-term trend is up.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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