Pultegroup Inc

PHM remains in a Stage 2 corrective advance within a broader uptrend. The medium-term bias is bullish, supported by higher lows and price holding above the rising 50 DMA. Short-term timing is favorable as price pulls back into the rising 9 and 20 EMAs on contracting volume. Execution aligns with the Free Cash Flow + Buybacks strategy, targeting a pullback-based entry into dynamic support.

• ↑Active adult homes account for 24% of net new orders, showing resilient demand
• ↑Land pipeline of ~250,000 controlled lots underpins ASP guidance of $560–570k
• ↓First-time buyers struggle with stretched affordability, dampening entry-level demand