DREAM FINDERS HOMES INC - A (DFH) Stock Technical Analysis
NYSE:DFH • US26154D1000
Overall DFH gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. DFH was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, DFH is a bad performer in the overall market: 64% of all stocks are doing better.
- DFH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- DFH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- DFH is an average performer in the Household Durables industry, it outperforms 45% of 60 stocks in the same industry.
Although the technical rating is only medium, DFH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
17.77
2 important support areas can be observed.
- Support @18.69 from a trend line in the daily time frame.
- Support @17.95 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 20.54 to 20.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 21.05 to 21.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @26.85 from a trend line in the weekly time frame.
- Resistance @28.14 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for DFH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DFH is up. |
| ChartMill Relative Strength | 36.98 | NEUTRAL | DFH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DFH is above the rising 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 | NEGATIVE | The current price of DFH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.69 | NEUTRAL | The RSI value for DFH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests DFH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.92 | NEUTRAL | The Stochastics value for DFH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for DFH suggests some volalility. |
| Average Directional Index/ADX (14) | 25.19 | POSITIVE | The high ADX value value for DFH suggests a strong trend. |
20.49
-0.2 (-0.97%)
DREAM FINDERS HOMES INC - A / DFH FAQ
What is the ChartMill technical rating of DREAM FINDERS HOMES INC - A (DFH) stock?
ChartMill assigns a technical rating of 5 / 10 to DFH.
Can you provide the trend direction for DREAM FINDERS HOMES INC - A?
The current trend direction for DREAM FINDERS HOMES INC - A (DFH) is Bearish.
Can you provide the RSI signal for DREAM FINDERS HOMES INC - A?
DREAM FINDERS HOMES INC - A (DFH) has an RSI value of 57.6874. This indicates that the stock is currently neutral.
What are the support and resistance levels for DREAM FINDERS HOMES INC - A (DFH) stock?
DREAM FINDERS HOMES INC - A (DFH) has a support level at 18.69 and a resistance level at 20.54. Check the full technical report for our detailed analysis of DFH support and resistance levels.