Home Builders Hammered by Housing Data

Tickers in this article: DHI HGX HOV KBH LEN PHM RYL SPF TOL

PulteGroup ($18.60 vs. $20.35 on Feb. 4) set a multi-year high at $21.97 on Jan. 28. The daily chart is negative and the weekly chart shifts to negative with a close this week below the five-week MMA at $19.34. My annual value level lags at $14.00, with this week's risky level at 21.50.

The Ryland Group ($34.29 vs. $38.46 on Feb. 4) set a multi-year high at $43.00 on Jan 30. The daily chart is negative and the weekly chart shifts to negative on a close this week below the five-week MMA at $36.91. My quarterly value level is $28.90 with a weekly risky level at $40.17.

Standard Pacific ($7.54) set a multi-year high at $8.69 on Feb. 1. The daily chart is negative and the weekly chart shifts to negative on a close this week below its five-week MMA at $7.75. My semiannual value level is $7.36 with a weekly risky level at $8.69.

Toll Brothers ($33.56) set a multi-year high at $38.36 on Jan 29. The daily chart is negative with a weekly chart that shifts to negative given a close this week below the five-week MMA at $35.03. My annual value level is $31.95 with a monthly risky level at $38.70.

At the time of publication the author held no positions in any of the stocks mentioned.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.