DR HORTON INC (DHI) Stock Technical Analysis
USA - NYSE:DHI - US23331A1097 - Common Stock
152.92 USD
-2.32 (-1.49%)
152.91 USD
-0.01 (-0.01%)
Taking everything into account, DHI scores 1 out of 10 in our technical rating. DHI performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, DHI is a bad performer in the overall market: 68% of all stocks are doing better.
DHI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
DHI has an average volume of 3546730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
DHI is an average performer in the Household Durables industry, it outperforms 67% of 63 stocks in the same industry.
DHI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DHI is lagging the market.
The technical rating of DHI 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
124.72
182.07
When analyzing the support we can see 2 important areas.
- A support zone ranging from 151.38 to 151.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @125.98 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @153.31 from a trend line in the daily time frame.
- Resistance @170.64 from a trend line in the daily time frame.
- A resistance zone ranging from 174.96 to 174.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @180.27 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 | DOWN | NEGATIVE | The short term trend for DHI is down. |
| ChartMill Relative Strength | 32.45 | 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 | POSITIVE | The current price of DHI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.75 | NEUTRAL | The RSI value for DHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.69 | NEGATIVE | The MACD value suggests DHI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.89 | OVERSOLD | The low Stochastics value suggests DHI may be oversold. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for DHI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.66 | NEUTRAL | The ADX value for DHI suggests a possible start of a new 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)
152.92
-2.32 (-1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.49%
1 Week1.01%
2 Weeks-10.82%
1 Month-9.84%
3 Month16.02%
6 Month26.12%
12 Month-21.4%
2 Year46.48%
3 Year98.91%
5 Year128.89%
10 Year419.43%
15 Year1366.16%
Volatility
ATR(14)4.89
ATR(20)%3.12%
ATR Inc-18.27%
Range Today4.5
ADR(20)4.42
ADR(20)%2.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.45
Mansfield-0.29
10 Day High176.22
10 Day Low149.69
20 Day High176.22
20 Day Low149.69
52 Week High193.37
52 Week Low110.44
CS1 End151.57
CR1 Start153.31
Volume & EV
DER(3)2.34%
DER(5)1.02%
Volume3.47M
Volume Incr-9.85%
Vol(5)3.18M
Vol(50)3.55M