Pulte Homes, Inc.(PHM) is in an uptrend but could lose its momentum

(27-Feb-2008) (27-Feb-2008) Pulte Homes, Inc.(PHM) closed at 15.49, up 0.74 or 5.02 % for the day. Based on our analysis, Pulte Homes, Inc.(PHM) is in an uptrend but could lose its momentum.

The closing price of Pulte Homes, Inc.(PHM) is above its 50 day moving average of 12.08 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) below the signal line(Dark Red Line) tells us that Pulte Homes, Inc.(PHM) is losing momentum. Sustained loss of momentum could put the uptrend at risk. The MACD histogram crossed below the signal line on 12-Feb-2008, about 11 trading days ago.