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Pultegroup Inc (PHM) Crosses Pivot Point Support at $27.27

By Shiri Gupta

Pultegroup Inc (NYSE:PHM) has opened bearishly below the pivot of $27.67 today and has reached the first level of support at $27.27. Investors may be interested in a cross of the next downside pivot targets of $27.03 and $26.39.

Pultegroup Inc (NYSE:PHM) has potential upside of 27.4% based on a current price of $27.52 and analysts' consensus price target of $35.06. Pultegroup Inc shares have support at the 50-day moving average (MA) of $27.24 and additional support at the 200-day MA of $27.19.

Over the past year, Pultegroup Inc has traded in a range of $20.64 to $33.04 and is now at $27.52, 33% above that low. The 200-day and 50-day moving averages have moved 0.1% lower and 0.54% higher over the past week, respectively.

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.

Keywords: pivot alerts pultegroup inc

Ticker(s): PHM