The Greedy Trader Weekly Analysis
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Number of records: 13
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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 :Stochastic signal line moved below overbought area
Daily :Williams' Percentage Range is oversoldBroken trend support line
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 climbed 0.01 points, or 0.02%, and closed at 43.00 on Friday, September 14, 2018. DHI was trading at average weekly trading volume.

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 29.85 and resistance is at 49.38. 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 trend support level is at 28.64 and resistance is at 45.32. 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 medium-term trend.

Weekly Technical Indicators: [See DHI weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved below overbought area. 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 link to access Lane's Stochastic help.

The weekly MACD line is above its signal line since August 3, 2018. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 July 25, 2018 at 38.58 and reached 46.91 on August 21, 2018. DHI gained -8.33 points, or -21.59%, in 27 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (51.29) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. DHI may retest the broken support line. It is considered to be a resistance line now. 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 support in a short-term trend.

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. Use the following link to access Williams' Percentage Range help.

The daily MACD line is below its signal line since August 28, 2018. The distance between MACD and the signal line is relatively high and getting bigger.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 33.50
Williams' Percentage Range (W%R) 86.90
Oversold
Lane's Stochastic (%D-Slow) 21.90
Greed/Fear Indicator (GFI) 22.82
Moving Average Converg./Diverg. (MACD) 0.06
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.57
Williams' Percentage Range (W%R) 54.40
Lane's Stochastic (%D-Slow) 73.58
Greed/Fear Indicator (GFI) 57.08
Moving Average Converg./Diverg. (MACD) -0.17
Trading Signals
Description Value Chart
Weekly Trendline Support 51.29
Weekly Trendline Resistance 50.01
Yearly Trendline Resistance 49.38
Upper Bollinger Band 46.00
Quarterly Trendline Resistance 45.32
Weekly Stochastic Crossing 44.56
20 Day Moving Average 44.44
Parabolic System 43.79
50 Day Moving Average 43.56
Price 43.00
Daily Stochastic Crossing 42.75
Lower Bollinger Band 41.81
Monthly Trendline Support 37.59
Monthly Trendline Resistance 35.48
Sector and Industry
Description Name Rank
Sector Industrial Goods 6
Industry Residential Construction 36
Daily Trend
Description Value
Direction Down
Chart Pattern DownTrend
High 46.91
High Date 08/21/2018
Low 41.70
Low Date 09/13/2018
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 50.01
Support 51.29
Low 38.58
Low Date 07/25/2018
High 46.91
High Date 08/21/2018
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 35.48
Support 37.59
High 53.32
High Date 01/04/2018
Low 38.58
Low Date 07/25/2018
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 45.32
Support 28.64
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 49.38
Support 29.85
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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