DR HORTON INC (DHI) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DHI - US23331A1097 - Common Stock
Taking everything into account, DHI scores 4 out of 10 in our technical rating. In the past year, DHI was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
DHI has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
135.94
When analyzing the support we can see 4 important areas.
- Support @157.20 from a trend line in the daily time frame.
- Support @142.42 from a horizontal line in the weekly time frame.
- Support @140.04 from a trend line in the daily time frame.
- Support @137.31 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @159.02 from a horizontal line in the weekly time frame.
- Resistance @165.01 from a horizontal line in the daily time frame.
- Resistance @177.21 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 DHI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DHI is neutral. |
| ChartMill Relative Strength | 59.99 | NEUTRAL | DHI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DHI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DHI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DHI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.73 | NEUTRAL | The RSI value for DHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests DHI has a positive trend. |
| Stochastics (14,3) | 49.2 | NEUTRAL | The Stochastics value for DHI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.68 | MEDIUM VOLATILITY | The ATR as a percentage value for DHI suggests some volalility. |
| Average Directional Index/ADX (14) | 16.09 | NEGATIVE | The low ADX value for DHI suggests a weak or negative trend. |
157.28
+11.38 (+7.8%)
DR HORTON INC / DHI FAQ
What is the technical rating for DHI stock?
ChartMill assigns a technical rating of 4 / 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 60.7264. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DR HORTON INC?
The MACD indicator for DR HORTON INC (DHI) has a value of 0.498963, 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 157.2 and a resistance level at 159.02. Check the full technical report for our detailed analysis of DHI support and resistance levels.