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 TPH
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TRI Pointe Group Inc stock price ended at $38.66 on Thursday, after gaining 1.92%.
(Updated on Mar 28, 2024)

Buy or Hold candidate since Mar 21, 2024 Gain 5.63% PDF

The TRI Pointe Group Inc stock price gained 1.92% on the last trading day (Thursday, 28th Mar 2024), rising from $37.93 to $38.66. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 2.84% from a day low at $38.00 to a day high of $39.08. The price has risen in 8 of the last 10 days and is up by 15.03% 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, 99 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $44.92 million.

The stock has broken the wide and weak rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $37.32, a level that may pose a second chance to hit a runner. According to fan-theory $40.80 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

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TPH Signals & Forecast

The TRI Pointe Group 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 $37.02 and $35.31. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 15.03%. 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.

Sell
Special Signal Notification

Double Top Formation

Double Top Formation

Support, Risk & Stop-loss for TRI Pointe Group Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $34.78 and $34.22. 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, TRI Pointe Group Inc finds support just below today's level at $34.78. If this is broken, then the next support from accumulated volume will be at $34.22 and $34.21.

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 $1.08 between high and low, or 2.84%. For the last week, the stock has had daily average volatility of 1.72%.

Our recommended stop-loss: $37.31 (-3.50%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 10 days ago.)

Trading Expectations (TPH) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect TRI Pointe Group Inc to open at $38.58, and during the day (based on 14 day Average True Range), to move between $37.69 and $39.63, which gives a possible trading interval of +/-$0.97 (+/-2.51%) up or down from last closing price. If TRI Pointe Group Inc takes out the full calculated possible swing range there will be an estimated 5.02% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $34.78, some $3.88 (10.04%) from the current price of $38.66, our system finds the risk reward attractive.

Is TRI Pointe Group Inc stock A Buy?

TRI Pointe Group Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for TRI Pointe Group Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$38.58 ( 0.207%) $38.66

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

Trading levels for TPH

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 39.66 2.59 %
R2 39.25 1.52 %
R1 38.99 0.86 %
Current price: 38.66
Support S1 38.17 -1.27 %
S2 37.91 -1.93 %
S3 37.50 -3.00 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 38.66
Support S1 34.78 -10.04%
S2 34.22 -11.48%
S3 34.21 -11.51%

FAQ

What is the symbol for TRI Pointe Group Inc Stock and on which exchange is it traded?
The symbol for TRI Pointe Group Inc is TPH and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell TRI Pointe Group Inc Stock?
TRI Pointe Group Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy TRI Pointe Group Inc Stock?
TRI Pointe Group 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 TRI Pointe Group Inc Stock.

What's the current price of TRI Pointe Group Inc Stock?
As of the end of day on the 2024-03-28, the price of an TRI Pointe Group Inc (TPH) share was $38.66.

What is the 52-week high and low for TRI Pointe Group Inc Stock?
The 52-week high for TRI Pointe Group Inc Stock is $39.08 and the 52-week low is $24.18.

What is the market capitalization of TRI Pointe Group Inc Stock?
As of the 2024-03-28, the market capitalization of TRI Pointe Group Inc is 3.71B.

When is the next earnings date for TRI Pointe Group Inc?
The upcoming earnings date for TRI Pointe Group Inc is Apr 25, 2024.
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About TRI Pointe Group Inc

TRI Pointe Group Tri Pointe Homes, Inc. engages in the design, construction, and sale of single-family attached and detached homes in the United States. The company operates through a portfolio of six brands comprising Maracay in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California, Colorado, and the Carolinas; and Winchester Homes in Maryland, Virginia, and the District of Columbi... TPH Profile

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