Pulte Homes (PHM) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for PHM · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$131.68last close · Aug 4, 202652-week range $108.49 – $144.50 · 8.87% below the high

PHM Rising Wedge Pattern

PHM is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $119.20 (−13.9%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; PHM's own rising wedges have hit 52.0%.

DirectionBearishTarget$119.20Projected move−13.9%Breakout level$135.63

New to this pattern? What a rising wedge is and how to trade it →

PHM's Most Recent Rising Wedge Trade

PHM's most recent completed rising wedge resolved as a win: it broke down on Feb 27, 2026 near $134.85, then reached its target at $119.20 on Mar 13, 2026 — a +1.62R move (11.6%) over 10 sessions. Across 198 backtested rising wedges, this setup wins 55.6% of the time.

OutcomeWinResult+1.62REntry$134.85Exit$119.20

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
PHM win rate
52.0%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

PHM Pattern Trade History

Every completed pattern trade our nightly backtest found on PHM's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeFeb 27, 2026 @ $134.85Mar 13, 2026 @ $119.20Win+1.62R
Rising WedgeFeb 11, 2026 @ $138.10Mar 12, 2026 @ $120.46Loss-1.17R
Rising WedgeSep 5, 2025 @ $140.44Oct 9, 2025 @ $121.41Loss-1.11R
Bullish PennantAug 13, 2025 @ $124.62Sep 15, 2025 @ $134.84Win+0.78R
Bullish PennantJul 1, 2025 @ $107.95Jul 30, 2025 @ $113.36Win+0.56R
Falling WedgeApr 22, 2025 @ $101.04Jul 15, 2025 @ $108.00Win+0.75R
Falling WedgeApr 3, 2025 @ $100.00Jul 2, 2025 @ $111.34Loss-1.03R
Falling WedgeFeb 18, 2025 @ $104.87Apr 8, 2025 @ $91.99Win+2.87R
Bullish PennantSep 13, 2024 @ $137.85Dec 11, 2024 @ $121.91Loss-1.27R
Falling WedgeOct 30, 2023 @ $72.94Nov 28, 2023 @ $87.59Win+3.54R
Falling WedgeSep 21, 2023 @ $75.12Nov 3, 2023 @ $83.37Loss-1.02R
Bullish PennantMar 14, 2023 @ $55.58May 22, 2023 @ $67.42Win+3.54R

PHM Support and Resistance Levels

Price found a floor near $122.33 about 2 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $177.27 — still about 35% away.

  • Traders commonly watch $177.27 as a target (its 78.6% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $122.33 floor about 2 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $122.81, resistance near $138.88. These are chart/swing-derived levels, not formula pivots.

Resistance
$138.88$140.09$144.88$179.21$208.76
Support
$122.81$116.28$113.90$35.81

PHM Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$128.94$132.28$127.20$131.68
Aug 3, 2026$129.16$130.95$127.29$129.29
Jul 31, 2026$128.50$128.90$126.19$126.47
Jul 30, 2026$132.51$133.21$127.40$128.74
Jul 29, 2026$133.23$136.22$131.73$132.31
Jul 28, 2026$132.52$135.80$132.52$134.75
Jul 27, 2026$130.60$132.40$128.60$130.59
Jul 24, 2026$126.14$128.97$124.38$128.75
Jul 23, 2026$124.30$126.28$122.01$124.67
Jul 22, 2026$127.95$129.06$124.43$126.75

PHM Frequently Asked Questions

What chart pattern is PHM forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Pulte Homes (PHM) on the daily chart, with a measured-move target of $119.20.
Is a rising wedge bullish or bearish?
The rising wedge detected on PHM is a bearish pattern, projecting a measured-move target of $119.20. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for PHM?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), PHM's nearest support is around $122.81 and nearest resistance around $138.88.
What is the price target if PHM's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $119.20 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was PHM's closing price on Aug 4, 2026?
Pulte Homes (PHM) last closed at $131.68 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.