DREAM FINDERS HOMES INC - A (DFH) Stock Technical Analysis
NYSE:DFH • US26154D1000
Overall DFH gets a technical rating of 1 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 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 one of the lesser performing stocks in the Household Durables industry. 72% of 60 stocks in the same industry do 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.
- In the last month DFH has a been trading in the 17.78 - 21.55 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of DFH is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
16.81
When analyzing the support we notice one important area.
- A support zone ranging from 16.98 to 17.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 20.06 to 20.38. 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 @28.02 from a trend line in the weekly time frame.
- Resistance @29.48 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 | DOWN | NEGATIVE | The long term trend for DFH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DFH is down. |
| ChartMill Relative Strength | 17.86 | NEGATIVE | DFH has a low relative strength, it was outperformed by 82.14% 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 | NEGATIVE | The current price of DFH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.71 | NEUTRAL | The RSI value for DFH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests DFH has a negative trend. |
| Stochastics (14,3) | 17.35 | OVERSOLD | The low Stochastics value suggests DFH may be oversold. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for DFH suggests high volalility. |
| Average Directional Index/ADX (14) | 22.33 | NEUTRAL | The ADX value for DFH suggests a possible start of a new trend. |
18.42
-0.02 (-0.11%)
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 1 / 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 39.713. This indicates that the stock is currently neutral.
What is the buy/sell signal for DREAM FINDERS HOMES INC - A (DFH) stock?
The buy/sell signal for DREAM FINDERS HOMES INC - A (DFH) is sell as both the short term and long term trends are negative.
What is the support and resistance level for DFH stock?
DREAM FINDERS HOMES INC - A (DFH) has a support level at 17.14 and a resistance level at 20.06. Check the full technical report for our detailed analysis of DFH support and resistance levels.