D.R. HORTON INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	DHI
ISIN:

D.R. HORTON INC. - Daily - Technical analysis published on 12/12/2021 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 104.45 USD

My targets

112.73 USD (+2.81%)

121.34 USD (+10.66%)

My analysis

D.R. HORTON INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 104.45 USD. The next resistance located at 112.73 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 121.34 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Smurph77. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The D.R. HORTON INC. rating is 109.65 USD. On the day, this instrument gained +2.52% and was traded between 107.49 USD and 109.76 USD over the period. The price is currently at +2.01% from its lowest and -0.10% from its highest.

107.49

109.76

109.65

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of D.R. HORTON INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	93.09	98.45	104.45	109.65
Change (%)	-15.10%	-10.21%	-4.74%	-
Change	-16.56	-11.20	-5.20	-
Level	Intermediate	Major	Major	-

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	105.90	106.70	108.17	108.97	110.44	111.24	112.71
Camarilla	109.03	109.23	109.44	109.65	109.86	110.07	110.27
Woodie	106.25	106.87	108.52	109.14	110.79	111.41	113.06
Fibonacci	106.70	107.56	108.10	108.97	109.83	110.37	111.24

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	99.50	101.58	105.61	107.69	111.72	113.80	117.83
Camarilla	107.97	108.53	109.09	109.65	110.21	110.77	111.33
Woodie	100.49	102.07	106.60	108.18	112.71	114.29	118.82
Fibonacci	101.58	103.91	105.35	107.69	110.02	111.46	113.80

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	72.62	80.25	88.86	96.49	105.10	112.73	121.34
Camarilla	93.01	94.50	95.99	97.48	98.97	100.46	101.95
Woodie	73.12	80.50	89.36	96.74	105.60	112.98	121.84
Fibonacci	80.25	86.45	90.28	96.49	102.69	106.52	112.73

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	77.55
MACD (12,26,9):	3.7700
Directional Movement:	23.24
AROON (14):	57.14
DEMA (21):	106.43
Parabolic SAR (0,02-0,02-0,2):	100.45
Elder Ray (13):	4.98
Super Trend (3,10):	100.18
Zig ZAG (10):	109.65
VORTEX (21):	1.1900
Stochastique (14,3,5):	91.32
TEMA (21):	107.91
Williams %R (14):	-0.84
Chande Momentum Oscillator (20):	8.13
Repulse (5,40,3):	2.4300
ROCnROLL:	1
TRIX (15,9):	0.5000
Courbe Coppock:	11.08

MA7:	105.79
MA20:	101.67
MA50:	93.48
MA100:	93.05
MAexp7:	105.88
MAexp20:	101.64
MAexp50:	96.65
MAexp100:	93.73
Price / MA7:	+3.65%
Price / MA20:	+7.85%
Price / MA50:	+17.30%
Price / MA100:	+17.84%
Price / MAexp7:	+3.56%
Price / MAexp20:	+7.88%
Price / MAexp50:	+13.45%
Price / MAexp100:	+16.98%

Quotes : - 15 min delayed data - NYSE Stocks

News

Don't forget to follow the news on D.R. HORTON INC.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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