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 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, DHI is a bad performer in the overall market: 73% of all stocks are doing better.
DHI is currently trading in the lower part 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.
In the last month DHI has a been trading in the 120.09 - 129.08 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
DHI has an average volume of 3541730 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 55% of 64 stocks in the same industry.
Although the technical rating is bad, DHI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 121.27, a Stop Loss order could be placed below this zone.
More info and screens
113.95
134.76
2 important support areas can be observed.
- A support zone ranging from 119.78 to 121.27. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @115.10 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 123.92 to 124.97. 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 127.06 to 127.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @131.13 from a horizontal line in the daily time frame.
- Resistance @133.43 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.94
Mansfield-2.27
10 Day High128.36
10 Day Low120.09
20 Day High129.08
20 Day Low120.09
52 Week High199.85
52 Week Low110.44
Performance
1 Week-2.91%
2 Weeks0.66%
1 Month-1.82%
3 Month-2.62%
6 Month-24.98%
12 Month-15.17%
2 Year14.83%
3 Year63.25%
5 Year121.84%
10 Year369.68%
15 Year906.4%
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)46.81
LBB120.74
UBB127.88
122.68
-2.25 (-1.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.8%
1 Week-2.91%
2 Weeks0.66%
1 Month-1.82%
3 Month-2.62%
6 Month-24.98%
12 Month-15.17%
2 Year14.83%
3 Year63.25%
5 Year121.84%
10 Year369.68%
15 Year906.4%
Volatility
ATR(14)3.1
ATR(20)%2.5%
ATR Inc-3.46%
Range Today3.12
ADR(20)2.84
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.94
Mansfield-2.27
10 Day High128.36
10 Day Low120.09
20 Day High129.08
20 Day Low120.09
52 Week High199.85
52 Week Low110.44
CS1 End121.27
CR1 Start123.92
Volume & EV
DER(3)0.26%
DER(5)0.94%
Volume1.97M
Volume Incr-21.04%
Vol(5)2.73M
Vol(50)3.54M