• Return to Headlines

Look for Shares of Pultegroup Inc to Potentially Rebound after Yesterday's 1.50% Sell Off

By Amy Schwartz

Pultegroup Inc (NYSE:PHM) traded in a range yesterday that spanned from a low of $22.88 to a high of $23.67. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $23.25 on volume of 2.7 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is tracking the current trend status for Pultegroup Inc and will alert subscribers who have PHM in their portfolio or watchlist when shares have changed trend direction.

Pultegroup Inc share prices have moved between a 52-week high of $35.21 and the current low of $22.89 and are currently at $22.94 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 1.4%.

Keywords: rebounders pultegroup inc

Ticker(s): PHM