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Downtrend ExhaustionArchive
- 6/12/2026 -
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D.R. Horton (DHI) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a first positive week for the D.R. Horton (DHI). During the week, the DHI gained 8.49 points, or 5.83%, and closed at 154.09 on Friday, June 12, 2026. It was the best weekly gain since April 24, 2026. Weekly volume was -34% below average.
 Long-term trend: [See DHI long-term trend chart]
A long-term uptrend had started on April 9, 2025 at 110.40 and reached 184.55 on September 8, 2025. DHI gained -74.15 points, or -67.16%, in 21 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend support line (157.03) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
 Medium-term trend: [See DHI medium-term trend chart]
A medium-term downtrend had started on February 17, 2026 at 169.17 and reached 131.75 on March 20, 2026. DHI lost 37.42 points, or 22.12%, in 4 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 134.71 and resistance is at 165.14. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a medium-term trend.
 Weekly Technical Indicators: [See DHI weekly technical indicators chart]
Weekly technical indicators are neutral.
During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.
 Short-term trend: [See DHI short-term trend chart]
A short-term downtrend had started on April 21, 2026 at 166.98 and reached 133.84 on May 19, 2026. DHI lost 33.14 points, or 19.85%, in 28 days. Price is near the Fibonacci 61.8% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Daily Technical Indicators: [See DHI daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help.
The daily MACD line is above its signal line since May 22, 2026.
During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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