• Return to Headlines

Bullish Moving Average Cross by Pultegroup Inc (PHM)

By James Quinn

Pultegroup Inc (NYSE:PHM) crossed over its 10-day moving average of $22.44 on a volume of 794K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Pultegroup Inc share prices have been bracketed by a low of $17.12 and a high of $47.37 and are now at $23.86, 39% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 5.5% while the 200-day MA has slid 0.8%.

SmarTrend is monitoring the recent change of momentum in Pultegroup Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Pultegroup Inc in search of a potential trend change.

Keywords: moving crosses pultegroup inc

Ticker(s): PHM