DR Horton's most recent trend suggests a bearish bias. One trading opportunity on DR Horton is a Bear Call Spread using a strike $45.00 short call and a strike $50.00 long call offers a potential 20.48% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $45.00 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $4.15 would be incurred if the stock rose above the $50.00 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 at 60.71 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for DR Horton
Existing Home Sales Rise in February, Homebuilders Gain
Thu, 22 Mar 2018 13:59:01 +0000
Existing home sales increase in February, strong economic growth reinforces growth potential of the housing industry.
See what the IHS Markit Score report has to say about D.R. Horton Inc.
Thu, 22 Mar 2018 12:00:24 +0000
This could indicate that investors who seek to profit from falling equity prices are not currently targeting DHI. Over the last one-month, outflows of investor capital in ETFs holding DHI totaled $1.01 billion.
Home-builder ETFs rally as existing-home sales rebound
Wed, 21 Mar 2018 14:47:52 +0000
Exchange-traded funds that track the home-building sector rallied on Wednesday, as existing-home sales snapped a two-month losing streak. The SPDR S&P Homebuilders ETF rose 1% while the iShares U.S. Home …
"Fast Money" final trades: DEO, BABA and more
Fri, 16 Mar 2018 21:26:00 +0000
The “Fast Money” traders share their final trades for the day including Diageo, Alibaba, Wynn Resorts and D.R. Horton.
Lennar vs. D.R. Horton: Which Makes a Better Housing Pick?
Wed, 14 Mar 2018 13:33:01 +0000
As increases in disposable income and strength in economy are expected to boost housing demand, let us analyze which is a better pick — Lennar (LEN) or D.R. Horton (DHI).
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