How Will the Market React to Tri Pointe Homes Inc (Delaware) (TPH) Stock Getting a Bullish Rating

The market has been high on Tri Pointe Homes Inc (Delaware) (TPH) stock recently. TPH gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Tri Pointe Homes Inc (Delaware) has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TPH!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With TPH Stock Today?

Tri Pointe Homes Inc (Delaware) (TPH) stock is trading at $20.93 as of 1:07 PM on Tuesday, Apr 19, a rise of $0.83, or 4.1% from the previous closing price of $20.11. The stock has traded between $20.13 and $20.94 so far today. Volume today is low. So far 494,638 shares have traded compared to average volume of 1,270,356 shares.

More About Tri Pointe Homes Inc (Delaware)

Tri Pointe Homes Inc is an American construction company that focuses on residential construction. The company designs and builds single-family homes and condominiums through its portfolio of six regional housing brands. Its largest regional brands include Maracay Homes, which operates in Arizona, and TRI Pointe and Pardee Homes, which operate in California, Nevada, and Colorado. From a geographic perspective, California is TRI Pointe's largest source of revenue, followed by Arizona and Nevada. The company also operates in Texas, Oregon, and Virginia. TRI Pointe completes approximately 4,000 homes annually with an average selling price around $500,000. TRI Pointe also is involved in the sale and development of land. Click Here to get the full Stock Report for Tri Pointe Homes Inc (Delaware) stock.