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TMCNet:  Uptrend Call Working As Pulte Homes Stock Rises 83.0% (PHM)

[November 08, 2012]

Uptrend Call Working As Pulte Homes Stock Rises 83.0% (PHM)

Nov 08, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Pulte Homes (NYSE:PHM) on June 19th, 2012 at $9.49. In approximately 5 months, Pulte Homes has returned 83.03% as of today's recent price of $17.37.

In the past 52 weeks, shares of Pulte Homes have traded between a low of $5.08 and a high of $18.30 and are now at $17.36, which is 242% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.8% while the 200-day MA has risen 1.3%.

Pulte Homes, Inc. sells and constructs homes, and purchases, develops, and sells residential land and develops active adult communities. The Company also provides mortgage financing, title insurance, and other services to home buyers. Pulte has operations in various markets across the United States and Puerto Rico.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Pulte Homes shares.Log in and add Pulte Homes (PHM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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