DREAM FINDERS HOMES INC - A (DFH) Stock Technical Analysis
NYSE:DFH - New York Stock Exchange, Inc. - US26154D1000 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to DFH. DFH has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the performance of all stocks over the past year, DFH turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
DFH is an average performer in the Household Durables industry, it outperforms 67% of 63 stocks in the same industry.
DFH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DFH is lagging the market.
In the last month DFH has a been trading in the 24.21 - 29.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DFH has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 25.46, a Stop Loss order could be placed below this zone.
More info and screens
20.31
28.99
3 important support areas can be observed.
- A support zone ranging from 24.88 to 25.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.96 to 21.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.52 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @27.38 from a trend line in the weekly time frame.
- A resistance zone ranging from 28.30 to 28.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DFH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DFH is neutral. |
| ChartMill Relative Strength | 46.16 | NEUTRAL | DFH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DFH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DFH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of DFH is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.03 | NEUTRAL | The RSI value for DFH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests DFH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.25 | NEUTRAL | The Stochastics value for DFH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.41 | HIGH VOLATILITY | The high ATR as a percentage value for DFH suggests high volalility. |
| Average Directional Index/ADX (14) | 21.21 | NEUTRAL | The ADX value for DFH suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 27.39 | 24.87 | 2.52 (9.20%) | 10.87% |
| An entry @27.39. This is a Buy Stop order right above the resistance zone. | An exit @24.87. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.52 points, which is 9.20%. | When investing 10.87% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
25.59
-0.67 (-2.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-2.55%
1 Week-3.03%
2 Weeks-10.21%
1 Month-8.28%
3 Month12.29%
6 Month21.05%
12 Month-6.71%
2 Year-11.21%
3 Year107.21%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.44
ATR(20)%5.41%
ATR Inc-15.81%
Range Today0.92
ADR(20)1.34
ADR(20)%5.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.16
Mansfield-1.12
10 Day High28.28
10 Day Low24.21
20 Day High29.4
20 Day Low24.21
52 Week High39.15
52 Week Low19.65
CS1 End25.46
CR1 Start27.38
Volume & EV
DER(3)-1.44%
DER(5)-1.18%
Volume378.80K
Volume Incr-0.16%
Vol(5)430.92K
Vol(50)477.54K