The Greedy Trader Weekly Analysis
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Number of records: 3
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Uptrend Exhaustion
Uptrend Exhaustion stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Exhaustion alert indicates that long term uptrend is exhausted and probability of long term trend reversal is high. Uptrend exhaustion stock market alert presents relatively low to medium risk - high reword stock pick for overvalued stocks.

The strategy is based on selling (or taking a short) position on anticipation of uptrend reversal.
Stock trend chart following long term trend analysis and trend following indicator.
trend following,stock trend chart,trend following indicator,following long term trend
D.R. Horton
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Summary:
Weekly :Overbought sectorBroken trend resistance lineTrend resistance at 47.04
Daily :Williams' Percentage Range is oversoldStochastic has raised above the signal lineThe price has risen above the Parabolic SARThe period of high volatility of the stock price
Move cursor over the icon to see details.

It was a first positive week after 5 consecutive negative weeks for the D.R. Horton (DHI). During the week, the DHI gained 1.49 points, or 3.38%, and closed at 45.57 on Friday, February 16, 2018. It was the best weekly gain since November 24, 2017. Weekly volume was 64% above average.

DHI is a member of Industrial Goods Sector. Industrial Goods is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See DHI long-term trend chart]
A long-term uptrend had started on November 21, 2008 at 3.79 and reached 53.32 on January 4, 2018. DHI gained -49.53 points, or -1306.86%, in 475 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend resistance line (47.04). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.

Medium-term trend: [See DHI medium-term trend chart]
A medium-term uptrend had started on September 5, 2013 at 17.52 and reached 53.32 on January 4, 2018. DHI gained -35.80 points, or -204.34%, in 226 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (27.34) 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 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 January 26, 2018. The distance between MACD and the signal line is relatively high and getting bigger. 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 February 6, 2018 at 43.41 and reached 47.43 on February 7, 2018. DHI gained -4.02 points, or -9.26%, in 1 days. The price is now at the 46.27% retracement level.

Daily Technical Indicators: [See DHI daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. 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 links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is below its signal line since January 9, 2018. The distance between MACD and the signal line is low and getting smaller.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.

The distance between the Bollinger Bands is 189.15% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 37.40
Williams' Percentage Range (W%R) 81.10
Oversold
Lane's Stochastic (%D-Slow) 37.13
Greed/Fear Indicator (GFI) 31.13
Moving Average Converg./Diverg. (MACD) -1.40
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 48.72
Williams' Percentage Range (W%R) 50.50
Lane's Stochastic (%D-Slow) 37.92
Greed/Fear Indicator (GFI) 44.64
Moving Average Converg./Diverg. (MACD) 3.66
Trading Signals
Description Value Chart
Upper Bollinger Band 52.49
50 Day Moving Average 49.69
20 Day Moving Average 47.46
Yearly Trendline Resistance 47.04
Weekly Stochastic Crossing 46.21
Price 45.57
Daily Stochastic Crossing 45.21
Parabolic System 43.47
Quarterly Trendline Resistance 42.61
Lower Bollinger Band 41.62
Sector and Industry
Description Name Rank
Sector Industrial Goods 8
Industry Residential Construction 37
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 43.41
Low Date 02/06/2018
High 47.43
High Date 02/07/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 53.32
High Date 01/04/2018
Low 43.41
Low Date 02/06/2018
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 26.69
Low Date 11/09/2016
High 53.32
High Date 01/04/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 42.61
Support 27.34
Low 17.52
Low Date 09/05/2013
High 53.32
High Date 01/04/2018
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Test Resistance
Resistance 47.04
Support 28.26
Low 3.79
Low Date 11/21/2008
High 53.32
High Date 01/04/2018
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.

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