Taylor Morrison Home Corp (TMHC) stock is up 2.90% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With TMHC Stock Today?
Taylor Morrison Home Corp (TMHC) stock is trading at $30.19 as of 2:02 PM on Friday, Mar 19, an increase of $1.13, or 3.89% from the previous closing price of $29.06. The stock has traded between $28.82 and $30.28 so far today. Volume today is 902,761 compared to average volume of 1,146,649.
To see InvestorsObserver's Sentiment Score for Taylor Morrison Home Corp click here.
More About Taylor Morrison Home Corp
Taylor Morrison Home is an American residential construction company that builds single-family homes and communities throughout California, Arizona, Texas, Illinois, Colorado, Florida, Georgia, and North Carolina. Taylor Morrison also reports via a mortgage operations segment that provides financing services for its homebuyers. It constructs various types of single-family homes, from entry-level to luxury move-up homes, as well as active adult communities. The majority of the company's revenue is derived from its construction projects, with the West and central operating regions leading the way.
Click Here to get the full Stock Score Report on Taylor Morrison Home Corp (TMHC) Stock.
