D.R. HORTON INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

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Type:	Stocks
Ticker:	DHI
ISIN:

D.R. HORTON INC. - Daily - Technical analysis published on 06/26/2019 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Court terme: Strongly bearish

De fond: Slightly bearish

Technical indicators

11%

61%

28%

My opinion

Bearish under 42.11 USD

My targets

40.84 USD (-1.69%)

39.55 USD (-4.79%)

My analysis

The short-term decline is currently reinforcing the basic trend, which is only slightly bearish. It would be possible for traders to only trade short positions (for sale) on D.R. HORTON INC. as long as the price remains well below 42.11 USD. The next bearish objective for sellers is set at 40.84 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 39.55 USD. In case of crossing, the next objective would be the support located at 37.59 USD.

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

D.R. HORTON INC. rating 41.54 USD. On the day, this instrument lost -2.42% and was between 41.50 USD and 42.55 USD. This implies that the price is at +0.10% from its lowest and at -2.37% from its highest.

41.50

42.55

41.54

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by D.R. HORTON INC.:

Technical

Technical analysis of this Daily chart of D.R. HORTON INC. indicates that the overall trend is slightly bearish. 60.71% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish trend reversal : adaptative moving average 100

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily

Bearish price crossover with adaptative moving average 100

Type : Bearish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Near horizontal support

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

Support of triangle is broken

Type : Bearish

Timeframe : Daily

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	37.59	39.55	40.84	41.54	42.11	44.93	46.47
Change (%)	-9.51%	-4.79%	-1.69%	-	+1.37%	+8.16%	+11.87%
Change	-3.95	-1.99	-0.70	-	+0.57	+3.39	+4.93
Level	Intermediate	Minor	Minor	-	Major	Minor	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	38.08	40.07	41.32	43.31	44.56	46.55	47.80
Camarilla	41.68	41.98	42.27	42.57	42.87	43.16	43.46
Woodie	42.71	43.45	43.76	43.12	44.19	46.37	47.43
Fibonacci	40.07	43.92	44.17	44.57	44.97	45.21	45.61

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	40.96	42.43	43.54	45.01	46.12	47.59	48.70
Camarilla	43.95	44.19	44.42	44.66	44.90	45.13	45.37
Woodie	40.79	42.34	43.37	44.92	45.95	47.50	48.53
Fibonacci	42.43	43.41	44.02	45.01	45.99	46.60	47.59

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	35.50
MACD (12,26,9):	-0.1400
Directional Movement:	-16.52
AROON (14):	-42.86
DEMA (21):	44.34
Parabolic SAR (0,02-0,02-0,2):	46.15
Elder Ray (13):	-2.11
Super Trend (3,10):	45.97
Zig ZAG (10):	41.90
VORTEX (21):	0.8800
Stochastique (14,3,5):	10.05
TEMA (21):	43.92
Williams %R (14):	-95.36
Chande Momentum Oscillator (20):	-3.49
Repulse (5,40,3):	-7.9400
ROCnROLL:	2
TRIX (15,9):	0.0800
Courbe Coppock:	1.36

MA7:	44.34
MA20:	44.63
MA50:	44.44
MA100:	42.55
MAexp7:	43.90
MAexp20:	44.41
MAexp50:	43.96
MAexp100:	42.72
Price / MA7:	-6.31%
Price / MA20:	-6.92%
Price / MA50:	-6.53%
Price / MA100:	-2.37%
Price / MAexp7:	-5.38%
Price / MAexp20:	-6.46%
Price / MAexp50:	-5.51%
Price / MAexp100:	-2.76%

News

The latest news and videos published on D.R. HORTON INC. at the time of the analysis were as follows:

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

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