DR Horton's most recent trend suggests a bearish bias. One trading opportunity on DR Horton is a Bear Call Spread using a strike $87.50 short call and a strike $92.50 long call offers a potential 25.94% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $87.50 by expiration. The full premium credit of $1.03 would be kept by the premium seller. The risk of $3.97 would be incurred if the stock rose above the $92.50 long call strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for DR Horton is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for DR Horton is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for DR Horton
Texas homebuilder moves forward on Aspire community in southwest Albuquerque
Thu, 07 Oct 2021 16:43:41 +0000
Come late October or early November, D.R. Horton Inc. plans to start sales on its new Aspire community in southwest Albuquerque. Becca Jenks, marketing manager for D.R. Horton's Albuquerque office, said the first 150 lots are considered Aspire's first phase. D.R. Horton (NYSE: DHI) could build up to 500 homes should it pursue acquiring additional lots around the Aspire community.
Developers get unanimous approval on giant master-planned community in East Valley
Wed, 06 Oct 2021 16:10:36 +0000
The winning bidders of a state land auction have received city approvals to build 10,000 homes in the East Valley. For years, East Valley community leaders have been working together to find a way to develop this 275-square-mile parcel of land owned by the Arizona State Land Department.
Billionaire David Tepper’s Top 10 Stock Picks
Wed, 06 Oct 2021 13:23:58 +0000
In this article, we discuss the top 10 stock picks of billionaire David Tepper. If you want to skip our detailed analysis of these stocks, go directly to Billionaire David Tepper’s Top 5 Stock Picks. David Tepper, the billionaire chief of Florida-based Appaloosa Management LP, manages more than $4.8 billion in 13F securities at his […]
D.R. Horton's (NYSE:DHI) investors will be pleased with their solid 202% return over the last five years
Wed, 06 Oct 2021 12:30:27 +0000
It might be of some concern to shareholders to see the D.R. Horton, Inc. ( NYSE:DHI ) share price down 13% in the last…
Why D.R. Horton Was Down 12.2% in September
Tue, 05 Oct 2021 18:08:21 +0000
Shares of D.R. Horton (NYSE: DHI) were down 12.2% in September, according to data from S&P Global Market Intelligence. The homebuilder lowered its 2021 guidance because of a tightening labor market and disruptions to its supply chain. D.R. Horton is America's largest homebuilder by volume, closing on 80,276 homes in the last 12 months.
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