DR HORTON INC (DHI) Stock Technical Analysis
NYSE:DHI - New York Stock Exchange, Inc. - US23331A1097 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to DHI. In the past year, DHI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, DHI is a bad performer in the overall market: 62% of all stocks are doing better.
DHI 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.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month DHI has a been trading in the 118.65 - 136.48 range, which is quite wide. It is currently trading near the high of this range.
DHI has an average volume of 3287680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DHI is part of the Household Durables industry. There are 64 other stocks in this industry, DHI did better than 49% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
113.95
136.98
We found 2 important support areas.
- A support zone ranging from 124.08 to 128.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 115.10 to 119.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 135.62 to 135.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for DHI is up. |
| ChartMill Relative Strength | 38.13 | 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) | DOWN | NEGATIVE | The current price of DHI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.53 | NEUTRAL | The RSI value for DHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.12 | POSITIVE | The MACD value suggests DHI has a positive trend. |
| Stochastics (14,3) | 88.06 | OVERBOUGHT | The high Stochastics value suggests DHI may be overbought. |
| Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for DHI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.63 | NEGATIVE | The low ADX value for DHI 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)
135.61
+1.71 (+1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg1.28%
1 Week6.54%
2 Weeks13.08%
1 Month14.58%
3 Month6.05%
6 Month-3.06%
12 Month0.04%
2 Year6.76%
3 Year73.79%
5 Year104.97%
10 Year356.75%
15 Year1130.58%
Volatility
ATR(14)3.98
ATR(20)%2.94%
ATR Inc47.9%
Range Today3.05
ADR(20)3.92
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
CRS38.13
Mansfield-1.64
10 Day High136.48
10 Day Low119.64
20 Day High136.48
20 Day Low118.65
52 Week High199.85
52 Week Low110.44
CS1 End128.47
CR1 Start128.7
Volume & EV
DER(3)1.52%
DER(5)0.73%
Volume4.36M
Volume Incr12.46%
Vol(5)3.85M
Vol(50)3.29M