DR HORTON INC (DHI)
US23331A1097 - Common Stock
Overall DHI gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DHI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, DHI did better than 82% of all other stocks. We also observe that the gains produced by DHI over the past year are nicely spread over this period.
DHI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DHI is lagging the market slightly.
DHI has an average volume of 2563210 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 57% of 67 stocks in the same industry.
In the last month DHI has a been trading in the 140.00 - 157.72 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, DHI also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 150.48, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
117.64
166.21
When analyzing the support we can see 4 important areas.
- A support zone ranging from 146.28 to 150.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 142.18 to 142.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @139.21 from a horizontal line in the daily time frame.
- Support @118.83 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 164.56 to 164.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.94
Mansfield0.13
10 Day High157.73
10 Day Low146.41
20 Day High157.73
20 Day Low140
52 Week High165.75
52 Week Low100.08
Performance
1 Week1.02%
2 Weeks2.03%
1 Month6.55%
3 Month7.24%
6 Month18.3%
12 Month37.49%
2 Year101.6%
3 Year58.99%
5 Year254.3%
10 Year539.78%
15 Year1544.95%
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)0.84
RSI(14)52.69
LBB141.27
UBB156.4
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 157.73 | 146.40 | 11.33 (7.19%) | 13.92% |
| An entry @157.73. This is a Buy Stop order right above the 10 day high. | An exit @146.40. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 11.33 points, which is 7.19%. | When investing 13.92% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DR HORTON INC
NYSE:DHI (5/17/2024, 7:04:00 PM)
After market: 151.5 0 (0%)151.5
+0.53 (+0.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.35%
1 Week1.02%
2 Weeks2.03%
1 Month6.55%
3 Month7.24%
6 Month18.3%
12 Month37.49%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.11
ATR(20)%2.78%
ATR Inc
Range Today1.72
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High157.73
10 Day Low146.41
20 Day High157.73
20 Day Low140
52 Week High165.75
52 Week Low100.08
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.49M
Volume Incr-3.73%
Vol(5)2.61M
Vol(50)2.56M