DR HORTON INC (DHI) Stock Technical Analysis
NYSE:DHI - New York Stock Exchange, Inc. - US23331A1097 - Common Stock - Currency: USD
Taking everything into account, DHI scores 2 out of 10 in our technical rating. 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.
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: 74% 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.
In the last month DHI has a been trading in the 114.17 - 128.05 range, which is quite wide. It is currently trading near the high of this range.
DHI has an average volume of 3537230 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 60% of 64 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of DHI is bad and it also does not present a 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
132.44
3 important support areas can be observed.
- A support zone ranging from 120.56 to 122.58. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 117.54 to 118.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 115.10 to 115.10. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 126.95 to 126.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @131.13 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for DHI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DHI is neutral. |
| ChartMill Relative Strength | 26.39 | NEGATIVE | DHI has a low relative strength, it was outperformed by 73.61% off all stocks 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) | 58.83 | NEUTRAL | The RSI value for DHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.74 | POSITIVE | The MACD value suggests DHI has a positive trend. |
| Stochastics (14,3) | 77.52 | NEUTRAL | The Stochastics value for DHI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for DHI suggests some volalility. |
| Average Directional Index/ADX (14) | 11.86 | 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)
126.94
+4.29 (+3.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg3.5%
1 Week7.26%
2 Weeks4.49%
1 Month0.63%
3 Month0.13%
6 Month-15.3%
12 Month-11.09%
2 Year4.31%
3 Year91.78%
5 Year128.93%
10 Year363.96%
15 Year1191.35%
Volatility
ATR(14)3.1
ATR(20)%2.45%
ATR Inc25.21%
Range Today3.94
ADR(20)2.93
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
CRS26.39
Mansfield-2.02
10 Day High127.08
10 Day Low114.17
20 Day High128.05
20 Day Low114.17
52 Week High199.85
52 Week Low110.44
CS1 End122.58
CR1 Start126.95
Volume & EV
DER(3)-0.48%
DER(5)-0.06%
Volume3.51M
Volume Incr-12.63%
Vol(5)2.82M
Vol(50)3.54M