DR HORTON INC (DHI) Technical Analysis
NYSE:DHI • US23331A1097
Current stock price
DHI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to DHI. DHI'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 negative, as is the long term trend. There should be more interesting stocks out there.
- 64% of all other stocks performed better in the past year than DHI.
- In the last month DHI has a been trading in the 131.75 - 167.00 range, which is quite wide. It is currently trading near the lows of this range.
- DHI has an average volume of 3140910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- DHI is an average performer in the Household Durables industry, it outperforms 67% of 60 stocks in the same industry.
- DHI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DHI is lagging the market slightly.
DHI Weekly and Daily overview Charts
DHI Setup Rating and Analysis
The technical rating of DHI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
DHI Support and Resistance Analysis
116.88
When analyzing the support we notice one important area.
- Support @118.06 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 164.23 to 164.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @174.66 from a trend line in the weekly time frame.
DHI 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 | DOWN | NEGATIVE | The long term trend for DHI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DHI is down. |
| ChartMill Relative Strength | 36.06 | NEUTRAL | DHI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DHI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DHI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DHI is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 25.99 | OVERSOLD | The low RSI value suggests DHI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.52 | NEGATIVE | The MACD value suggests DHI has a negative trend. |
| Stochastics (14,3) | 5.67 | OVERSOLD | The low Stochastics value suggests DHI may be oversold. |
| Average True Range in percent/ATR (20) | 3.47 | MEDIUM VOLATILITY | The ATR as a percentage value for DHI suggests some volalility. |
| Average Directional Index/ADX (14) | 33.3 | POSITIVE | The high ADX value value for DHI suggests a strong trend. |
DHI Chart- and CandleStick Pattern Analysis
DHI Technicals: Chart, Performance Metrics, Trend & Indicators
133.12
-4.86 (-3.52%)
DR HORTON INC / DHI TA FAQ
What is the technical rating for DHI stock?
ChartMill assigns a technical rating of 0 / 10 to DHI.
Can you provide the trend direction for DR HORTON INC?
The current trend direction for DR HORTON INC (DHI) is Bearish.
Can you provide the RSI signal for DR HORTON INC?
DR HORTON INC (DHI) has an RSI value of 25.9941. This indicates that the stock is currently oversold.
Can you provide the MACD signal for DR HORTON INC?
The MACD indicator for DR HORTON INC (DHI) has a value of -1.5226, indicating a bearish trend.
Can you provide the support and resistance levels for DR HORTON INC?
DR HORTON INC (DHI) has a support level at 118.06 and a resistance level at 164.23. Check the full technical report for our detailed analysis of DHI support and resistance levels.