Is it Time to Dump PulteGroup, Inc. (PHM) Stock After it Has Risen 0.28% in a Week?

PulteGroup, Inc. (PHM) stock is up 0.28% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

PulteGroup, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PHM!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With PHM Stock Today?

PulteGroup, Inc. (PHM) stock is trading at $43.64 as of 1:40 PM on Thursday, May 5, a loss of -$2.23, or -4.86% from the previous closing price of $45.87. The stock has traded between $43.11 and $45.11 so far today. Volume today is low. So far 1,434,285 shares have traded compared to average volume of 2,928,242 shares. To see InvestorsObserver's Sentiment Score for PulteGroup, Inc. click here.

More About PulteGroup, Inc.

PulteGroup Inc is one of the largest homebuilders in the United States, operating in 40 markets across 23 states. The company mainly builds single-family detached homes (85% of unit sales) and offers products to entry-level, move-up, and active-adult buyers. PulteGroup offers homebuyers mortgage financing and title agency services through its financial services segment. The company is headquartered in Atlanta. Click Here to get the full Stock Report for PulteGroup, Inc. stock.