The Greedy Trader Weekly Analysis
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Number of records: 15
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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 sectorOverbought industryBroken uptrend resistance line - uptrend exhaustionBroken uptrend resistance line - uptrend exhaustionRelative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overboughtStochastic has declined below the signal line
Daily :Broken uptrend resistance line - uptrend exhaustionRelative Strength Index and Lane's Stochastic are overboughtWilliams' Percentage Range is strongly overboughtStochastic has declined below the signal lineRelative Strength Index and Lane's Stochastic bearish divergenceThe price has fallen below the Parabolic SAR
Move cursor over the icon to see details.

It was a tenth consecutive positive week for the D.R. Horton (DHI). During the week, the DHI climbed 0.43 points, or 0.86%, and closed at 50.43 on Friday, December 01, 2017. Weekly volume was 7% above average.

DHI is a member of Industrial Goods Sector. Industrial Goods is the most overbought sector. DHI is a member of Residential Construction Industry. Residential Construction is the fourth most overbought industry. 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 51.53 on November 30, 2017. DHI gained -47.74 points, or -1259.63%, in 470 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (27.68) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 September 5, 2013 at 17.52 and reached 51.53 on November 30, 2017. DHI gained -34.01 points, or -194.12%, in 221 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (26.87) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 Relative Strength Index, Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Relative Strength Index, Williams' Percentage Range and Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish 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, Relative Strength Index and Williams' Percentage Range help.

The weekly MACD line is above its signal line since September 8, 2017. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is near its high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 April 25, 2017 at 31.98 and reached 51.53 on November 30, 2017. DHI gained -19.55 points, or -61.13%, in 219 days. The chart has formed a Rising Channel chart pattern. The uptrend resistance line (38.35) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 Relative Strength Index and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and Lane's Stochastic or strongly overbought daily Williams' Percentage Range. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Daily Relative Strength Index and Lane's Stochastic have bearish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index and Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal.

The daily MACD line is above its signal line since November 7, 2017. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.

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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 82.24
Overbought Bearish
Williams' Percentage Range (W%R) 8.00
Strong Overbought
Lane's Stochastic (%D-Slow) 86.02
Overbought Bearish
Greed/Fear Indicator (GFI) 86.76
Overbought
Moving Average Converg./Diverg. (MACD) 1.90
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 98.22
Strong Overbought
Williams' Percentage Range (W%R) 3.50
Strong Overbought
Lane's Stochastic (%D-Slow) 96.72
Strong Overbought
Greed/Fear Indicator (GFI) 92.14
Strong Overbought
Moving Average Converg./Diverg. (MACD) 2.61
Trading Signals
Description Value Chart
Upper Bollinger Band 52.14
Parabolic System 51.58
Weekly Stochastic Crossing 51.15
Daily Stochastic Crossing 51.15
Price 50.43
20 Day Moving Average 47.91
Yearly Trendline Resistance 46.21
50 Day Moving Average 44.03
Lower Bollinger Band 43.86
Quarterly Trendline Resistance 41.64
Monthly Trendline Resistance 41.59
Weekly Trendline Resistance 40.46
Sector and Industry
Description Name Rank
Sector Industrial Goods 10
Industry Residential Construction 160
Daily Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Low 34.95
Low Date 08/29/2017
High 51.53
High Date 11/30/2017
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 40.46
Support 38.35
Low 31.98
Low Date 04/25/2017
High 51.53
High Date 11/30/2017
Description Value
Direction Up
Chart Pattern Rising Channel
Status Broken Resistance
Resistance 41.59
Support 39.27
Low 26.69
Low Date 11/09/2016
High 51.53
High Date 11/30/2017
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 41.64
Support 26.87
Low 17.52
Low Date 09/05/2013
High 51.53
High Date 11/30/2017
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Broken Resistance
Resistance 46.21
Support 27.68
Low 3.79
Low Date 11/21/2008
High 51.53
High Date 11/30/2017
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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