RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of PHM
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Green day on Monday for PulteGroup Inc stock after gaining 0.705%
(Updated on Jul 22, 2024)

Buy or Hold candidate since Jul 11, 2024 Gain 10.37% PDF

The PulteGroup Inc stock price gained 0.705% on the last trading day (Monday, 22nd Jul 2024), rising from $124.76 to $125.64. During the last trading day the stock fluctuated 2.34% from a day low at $122.80 to a day high of $125.67. The price has risen in 6 of the last 10 days and is up by 19.36% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 129 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $277.26 million.

The stock has broken the wide and horizontal trend up. Breaks like this are often followed by swift and strong movements, and any correction down to the breakline at approximately. $121.12 is considered to be a "second chance" to hit a potential runner. It is, however, important that volume does follow the price as false breaks may appear and it may move back into the horizontal trend. Based on the rectangle-formation theory the stock is predicted to reach $138.51 sometime during the next 3 months.

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PHM Signals & Forecast

Mostly positive signals in the chart today. The PulteGroup Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $122.01 and $113.19. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Friday, July 05, 2024, and so far it has risen 20.87%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for PulteGroup Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $117.32 and $112.76. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, PulteGroup Inc finds support just below today's level at $117.32. If this is broken, then the next support from accumulated volume will be at $112.76 and $111.57.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.87 between high and low, or 2.34%. For the last week, the stock has had daily average volatility of 3.53%.

The PulteGroup Inc stock is extremely overbought on RSI14 (80). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.

Our recommended stop-loss: $121.37 (-3.40%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 80 and this increases the risk substantially. There is a buy signal from a pivot bottom found 45 days ago.)

Trading Expectations (PHM) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect PulteGroup Inc to open at $124.70, and during the day (based on 14 day Average True Range), to move between $121.97 and $129.31, which gives a possible trading interval of +/-$3.67 (+/-2.92%) up or down from last closing price. If PulteGroup Inc takes out the full calculated possible swing range there will be an estimated 5.85% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $117.32, some $8.32 (6.62%) from the current price of $125.64, our system finds the risk reward attractive.

Is PulteGroup Inc stock A Buy?

Several short-term signals are positive and the stock has broken the horizontal trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for PulteGroup Inc stock to perform well in the short-term period.

Current score: 4.652 Buy Candidate Unchanged

Predicted Opening Price for PulteGroup Inc of Tuesday, July 23, 2024

Fair opening price July 23, 2024 Current price
$124.70 ( 0.745%) $125.64

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PHM

Fibonacci Support & Resistance Levels

Level Price
R3 127.57 1.54%
R2 126.48 0.666%
R1 125.80 0.127%
Price 125.64
S1 123.61 -1.62%
S2 122.93 -2.16%
S3 121.83 -3.03%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 0 -
Price 125.64
S1 117.32 -6.62%
S2 112.76 -10.25%
S3 111.57 -11.20%

PHM Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 18, 2024 Jun 18, 2024 Jul 02, 2024 $0.200 0.191%
2 May 06, 2024 Jun 14, 2024 Jul 02, 2024 $0.200 0.191%
3 Feb 01, 2024 Mar 14, 2024 Apr 02, 2024 $0.200 0.175%
4 Nov 16, 2023 Dec 18, 2023 Jan 03, 2024 $0.200 0.199%
5 Sep 06, 2023 Sep 15, 2023 Oct 03, 2023 $0.160 0.226%

FAQ

What is the symbol for PulteGroup Inc Stock and on which exchange is it traded?
The symbol for PulteGroup Inc is PHM and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell PulteGroup Inc Stock?
Several short-term signals are positive and the stock has broken the horizontal trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for PulteGroup Inc stock to perform well in the short-term period.

How to buy PulteGroup Inc Stock?
PulteGroup Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy PulteGroup Inc Stock.

What's the current price of PulteGroup Inc Stock?
As of the end of day on the Jul 22, 2024, the price of an PulteGroup Inc (PHM) share was $125.64.

What is the 52-week high and low for PulteGroup Inc Stock?
The 52-week high for PulteGroup Inc Stock is $129.85 and the 52-week low is $68.88.

What is the market capitalization of PulteGroup Inc Stock?
As of the Jul 22, 2024, the market capitalization of PulteGroup Inc is 26.242B.

When is the next earnings date for PulteGroup Inc?
The upcoming earnings date for PulteGroup Inc is Jul 23, 2024.
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About PulteGroup Inc

PulteGroup PulteGroup, Inc., through its subsidiaries, primarily engages in the homebuilding business in the United States. It acquires and develops land primarily for residential purposes; and constructs housing on such land. The company also offers various home designs, including single-family detached, townhomes, condominiums, and duplexes under the Centex, Pulte Homes, Del Webb, DiVosta Homes, American West, and John Wieland Homes and Neighborhoods bran... PHM Profile

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