Londinia Opportunities Analyses - 10/27/2021 (GMT) TAYLOR MORRISON HOME - 1H

- USD (-)

- 15 min delayed data - NYSE Stocks

Type:	Stocks
Ticker:	TMHC
ISIN:

Londinia

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U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

22%

My opinion

Bullish above 30.36 USD

My targets

32.01 USD (+2.93%)

32.80 USD (+5.47%)

My analysis

The bullish trend is currently very strong on TAYLOR MORRISON HOME. As long as the price remains above the support at 30.36 USD, you could try to benefit from the boom. The first bullish objective is located at 32.01 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 32.80 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.2

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Additional analysis

Quotes

The TAYLOR MORRISON HOME price is 31.10 USD. The price registered an increase of +12.80% on the session with the lowest point at 29.77 USD and the highest point at 31.25 USD. The deviation from the price is +4.47% for the low point and -0.48% for the high point.

29.77

31.25

31.10

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by TAYLOR MORRISON HOME:

Technical

Technical analysis of TAYLOR MORRISON HOME in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals several bullish signals that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : 1 hour

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:

White line without lower shadow

Type : Bullish

Timeframe : 1 hour

Long white line

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	28.02	28.35	30.36	31.10	32.01	32.80
Change (%)	-9.90%	-8.84%	-2.38%	-	+2.93%	+5.47%
Change	-3.08	-2.75	-0.74	-	+0.91	+1.70
Level	Minor	Major	Intermediate	-	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	26.56	26.96	27.26	27.66	27.96	28.36	28.66
Camarilla	27.38	27.44	27.51	27.57	27.63	27.70	27.76
Woodie	26.52	26.94	27.22	27.64	27.92	28.34	28.62
Fibonacci	26.96	27.22	27.39	27.66	27.92	28.09	28.36

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	25.22	25.97	26.92	27.67	28.62	29.37	30.32
Camarilla	27.39	27.55	27.70	27.86	28.02	28.17	28.33
Woodie	25.31	26.02	27.01	27.72	28.71	29.42	30.41
Fibonacci	25.97	26.62	27.02	27.67	28.32	28.72	29.37

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	21.44	23.51	24.64	26.71	27.84	29.91	31.04
Camarilla	24.90	25.19	25.49	25.78	26.07	26.37	26.66
Woodie	20.98	23.28	24.18	26.48	27.38	29.68	30.58
Fibonacci	23.51	24.73	25.48	26.71	27.93	28.68	29.91

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	82.28
MACD (12,26,9):	0.4100
Directional Movement:	47.90
AROON (14):	21.43
DEMA (21):	28.78
Parabolic SAR (0,02-0,02-0,2):	27.40
Elder Ray (13):	2.45
Super Trend (3,10):	29.38
Zig ZAG (10):	30.48
VORTEX (21):	0.9400
Stochastique (14,3,5):	42.25
TEMA (21):	28.18
Williams %R (14):	-16.24
Chande Momentum Oscillator (20):	1.86
Repulse (5,40,3):	1.1100
ROCnROLL:	1
TRIX (15,9):	0.0100
Courbe Coppock:	1.16

MA7:	28.21
MA20:	27.19
MA50:	27.19
MA100:	26.72
MAexp7:	28.36
MAexp20:	28.35
MAexp50:	27.93
MAexp100:	27.54
Price / MA7:	+10.24%
Price / MA20:	+14.38%
Price / MA50:	+14.38%
Price / MA100:	+16.39%
Price / MAexp7:	+9.66%
Price / MAexp20:	+9.70%
Price / MAexp50:	+11.35%
Price / MAexp100:	+12.93%

Quotes : - 15 min delayed data - Actions NYSE

News

The last news published on TAYLOR MORRISON HOME at the time of the generation of this analysis was as follows: