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Downtrend Broken Resist.Archive
- 5/2/2025 -
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D.R. Horton (DHI) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a third consecutive positive week for the D.R. Horton (DHI). During the week, the DHI gained 2.71 points, or 2.17%, and closed at 127.31 on Friday, May 2, 2025. Weekly volume was -16% below average.
 Long-term trend: [See DHI long-term trend chart]
A long-term uptrend had started on November 21, 2008 at 3.79 and reached 199.85 on September 19, 2024. DHI gained -196.06 points, or -5173.09%, in 825 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (36.59) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 resistance line in a long-term trend.
 Medium-term trend: [See DHI medium-term trend chart]
A medium-term uptrend had started on June 17, 2022 at 59.26 and reached 199.85 on September 19, 2024. DHI gained -140.59 points, or -237.24%, in 117 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (146.60) 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 medium-term trend.
 Weekly Technical Indicators: [See DHI weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since October 18, 2024. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
 Short-term trend: [See DHI short-term trend chart]
A short-term uptrend had started on April 9, 2025 at 110.40 and reached 129.08 on April 23, 2025. DHI gained -18.68 points, or -16.92%, in 14 days. The price is now at the 9.48% retracement level.
Daily Technical Indicators: [See DHI daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since April 21, 2025. This is an indication that the short-term trend is up.
During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. 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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