DFH Technical Analysis - DREAM FINDERS HOMES INC - A

Technical Rating and Analysis

Taking everything into account, DFH scores 0 out of 10 in our technical rating. DFH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, DFH is a bad performer in the overall market: 83% of all stocks are doing better.

DFH is part of the Household Durables industry. There are 63 other stocks in this industry, of which 62% are performing better than DFH.

In the last month DFH has a been trading in the 25.41 - 31.29 range, which is quite wide. It is currently trading near the lows of this range.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

DREAM FINDERS HOMES INC - A / DFH Weekly stock chart

DREAM FINDERS HOMES INC - A / DFH Daily stock chart

Setup Rating and Analysis

DFH has a bad 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 a support zone below the current price at 26.33, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

20.75

30.56

2 important support areas can be observed.

Support @25.41 from a horizontal line in the daily time frame.
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.

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 25.86 to 26.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @30.26 from a trend line in the weekly time frame.

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Technical Indicator Signal Analysis

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	DOWN	NEGATIVE	The short term trend for DFH is down.
ChartMill Relative Strength	17.11	NEGATIVE	DFH has a low relative strength, it was outperformed by 82.89% off all stocks 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)	DOWN	NEGATIVE	The current price of DFH is below a declining 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)	43.58	NEUTRAL	The RSI value for DFH is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.2	NEGATIVE	The MACD value suggests DFH has a negative trend, although the MACD value is rising.
Stochastics (14,3)	15.87	OVERSOLD	The low Stochastics value suggests DFH may be oversold.
Average True Range in percent/ATR (20)	4.43	MEDIUM VOLATILITY	The ATR as a percentage value for DFH suggests some volalility.
Average Directional Index/ADX (14)	14.38	NEGATIVE	The low ADX value for DFH suggests a weak or negative trend.