|
Downtrend Broken Resist.Archive - 6/20/2025 - Sign In to see current Signals. |
D.R. Horton (DHI) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily : Move cursor over the icon to see details.
| | It was a third consecutive positive week for the D.R. Horton (DHI). During the week, the DHI climbed 1.12 points, or 0.91%, and closed at 124.20 on Friday, June 20, 2025. Weekly volume was 24% above average.
Long-term trend: [See DHI long-term trend chart] A long-term downtrend had started on September 19, 2024 at 199.85 and reached 110.40 on April 9, 2025. DHI lost 89.45 points, or 44.76%, in 28 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (91.73) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a long-term trend.
Medium-term trend: [See DHI medium-term trend chart] A medium-term uptrend had started on June 2, 2025 at 114.17 and reached 130.27 on June 11, 2025. DHI gained -16.10 points, or -14.10%, in 1 weeks. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See DHI weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since May 9, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current medium-term uptrend is getting stronger. 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 June 11, 2025 at 130.27 and reached 119.54 on June 17, 2025. DHI lost 10.73 points, or 8.24%, in 6 days. The price is now at the 43.43% 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 June 3, 2025. The distance between MACD and the signal line is low and getting smaller. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
| |
|
|