Pulte Homes, Inc.(PHM) has rising momentum with an uptrend

(28-Jan-2008) (28-Jan-2008) Pulte Homes, Inc.(PHM) closed at 13.78, up 0.68 or 5.19 % for the day. Based on our analysis, Pulte Homes, Inc.(PHM) has rising momentum with an uptrend.

The closing price of Pulte Homes, Inc.(PHM) is above its 50 day moving average of 10.49 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that Pulte Homes, Inc.(PHM) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 16-Jan-2008, about 9 trading days ago.