The Greedy Trader Weekly Analysis
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Number of records: 5
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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 :Williams' Percentage Range is oversoldTrend resistance at 44.05
Daily :Broken trend resistance linePrice has crossed above the 50 Day Moving AverageThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a first positive week for the D.R. Horton (DHI). During the week, the DHI gained 1.98 points, or 4.69%, and closed at 44.19 on Friday, June 08, 2018. It was the best weekly gain since April 27, 2018. Weekly volume was -10% 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 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 trend support level is at 29.10 and resistance is at 48.28. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern 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 price is near the trend resistance line (44.05). 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 medium-term trend.

Weekly Technical Indicators: [See DHI weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. 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 link to access Williams' Percentage Range help.

The weekly MACD line is below its signal line since January 26, 2018. 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 January 4, 2018 at 53.32 and reached 39.97 on May 16, 2018. DHI lost 13.35 points, or 25.04%, in 132 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (39.55) 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 short-term trend.

Daily Technical Indicators: [See DHI daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is above its signal line since May 25, 2018.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 68.45
Williams' Percentage Range (W%R) 47.10
Lane's Stochastic (%D-Slow) 57.24
Greed/Fear Indicator (GFI) 59.53
Moving Average Converg./Diverg. (MACD) -0.42
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 56.99
Williams' Percentage Range (W%R) 80.70
Oversold
Lane's Stochastic (%D-Slow) 34.23
Greed/Fear Indicator (GFI) 34.44
Moving Average Converg./Diverg. (MACD) 0.18
Trading Signals
Description Value Chart
Yearly Trendline Resistance 48.28
Upper Bollinger Band 44.50
Price 44.19
Quarterly Trendline Resistance 44.05
50 Day Moving Average 43.55
Daily Stochastic Crossing 43.21
Weekly Trendline Resistance 42.41
20 Day Moving Average 42.18
Weekly Stochastic Crossing 41.85
Parabolic System 40.90
Lower Bollinger Band 40.80
Weekly Trendline Support 39.55
Sector and Industry
Description Name Rank
Sector Industrial Goods 5
Industry Residential Construction 33
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 47.00
High Date 04/05/2018
Low 39.97
Low Date 05/16/2018
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 42.41
Support 39.55
High 53.32
High Date 01/04/2018
Low 39.97
Low Date 05/16/2018
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 Test Resistance
Resistance 44.05
Support 28.03
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 Valid
Resistance 48.28
Support 29.10
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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