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 0 out of 10 to DFH. 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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, DFH is a bad performer in the overall market: 82% of all stocks are doing better.
DFH is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DFH is lagging the market.
DFH is an average performer in the Household Durables industry, it outperforms 44% of 64 stocks in the same industry.
In the last month DFH has a been trading in the 20.14 - 24.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, DFH does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 22.07. Right above this resistance zone may be a good entry point.
More info and screens
20.20
27.14
2 important support areas can be observed.
- Support @20.86 from a horizontal line in the weekly time frame.
- A support zone ranging from 20.40 to 20.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 22.07 to 22.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.50 to 23.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @24.22 from a horizontal line in the daily time frame.
- Resistance @24.73 from a horizontal line in the daily time frame.
- Resistance @26.87 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 | NEUTRAL | NEUTRAL | The short term trend for DFH is neutral. |
| ChartMill Relative Strength | 18.88 | NEGATIVE | DFH has a low relative strength, it was outperformed by 81.12% 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) | 50.49 | NEUTRAL | The RSI value for DFH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests DFH has a positive trend. |
| Stochastics (14,3) | 57.98 | NEUTRAL | The Stochastics value for DFH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.34 | MEDIUM VOLATILITY | The ATR as a percentage value for DFH suggests some volalility. |
| Average Directional Index/ADX (14) | 14.79 | NEGATIVE | The low ADX value for DFH suggests a weak or negative 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)
22.02
-0.4 (-1.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.78%
1 Week5.56%
2 Weeks5.81%
1 Month-3.55%
3 Month-13.2%
6 Month-27.8%
12 Month-16.65%
2 Year-10.45%
3 Year106.96%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%4.34%
ATR Inc11.8%
Range Today0.99
ADR(20)0.92
ADR(20)%4.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.88
Mansfield-2.22
10 Day High22.74
10 Day Low20.14
20 Day High24.8
20 Day Low20.14
52 Week High39.15
52 Week Low19.65
CS1 End20.86
CR1 Start22.07
Volume & EV
DER(3)0.47%
DER(5)0.11%
Volume544.00K
Volume Incr53.51%
Vol(5)539.76K
Vol(50)443.76K