DR HORTON INC (DHI) Stock Technical Analysis
USA - NYSE:DHI - US23331A1097 - Common Stock
144.77 USD
-0.45 (-0.31%)
144.99 USD
+0.22 (+0.15%)
Overall DHI gets a technical rating of 0 out of 10. 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.
When comparing the yearly performance of all stocks, DHI is a bad performer in the overall market: 79% of all stocks are doing better.
In the last month DHI has a been trading in the 142.30 - 161.58 range, which is quite wide. It is currently trading near the lows of this range.
DHI has an average volume of 3332130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
DHI is an average performer in the Household Durables industry, it outperforms 68% of 61 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 has a poor technical rating and the quality of the setup is also only medium 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
181.31
When analyzing the support we can see 2 important areas.
- A support zone ranging from 144.76 to 144.76. 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.
4 important resistance areas can be observed.
- A resistance zone ranging from 148.52 to 152.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 155.93 to 158.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 162.90 to 162.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @179.51 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 | 21.36 | NEGATIVE | DHI has a low relative strength, it was outperformed by 78.64% off all stocks 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) | DOWN | MIXED | The current price of DHI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.4 | NEUTRAL | The RSI value for DHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.61 | NEGATIVE | The MACD value suggests DHI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.59 | OVERSOLD | The low Stochastics value suggests DHI may be oversold. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for DHI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.8 | 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)
144.77
-0.45 (-0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-0.31%
1 Week-2.89%
2 Weeks-8.34%
1 Month-4.49%
3 Month-7.5%
6 Month18.63%
12 Month-14.23%
2 Year13.39%
3 Year68.34%
5 Year94.32%
10 Year348.07%
15 Year1341.93%
Volatility
ATR(14)4.72
ATR(20)%3.05%
ATR Inc-46.75%
Range Today3.44
ADR(20)4.35
ADR(20)%3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.36
3 months CRS20.2
6 months CRS72.81
Mansfield-0.78
10 Day High161.05
10 Day Low142.3
20 Day High161.58
20 Day Low142.3
52 Week High184.55
52 Week Low110.44
CS1 End144.76
CR1 Start148.52
Volume & EV
DER(3)-2.38%
DER(5)-2.4%
Volume2.94M
Volume Incr-24.41%
Vol(5)2.74M
Vol(50)3.33M
DR HORTON INC / DHI FAQ
What is the ChartMill technical rating of DR HORTON INC (DHI) stock?
ChartMill assigns a technical rating of 0 / 10 to DHI.
What is the current trend direction of DR HORTON INC (DHI) stock?
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 31.396. This indicates that the stock is currently neutral.
What is the MACD signal for DR HORTON INC (DHI) stock?
The MACD indicator for DR HORTON INC (DHI) has a value of -0.611824, indicating a bearish trend.