DR Horton's most recent trend suggests a bullish bias. One trading opportunity on DR Horton is a Bull Put Spread using a strike $66.50 short put and a strike $61.50 long put offers a potential 26.26% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $66.50 by expiration. The full premium credit of $1.04 would be kept by the premium seller. The risk of $3.96 would be incurred if the stock dropped below the $61.50 long put 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 up which suggests that the medium-term momentum for DR Horton is bullish.
The RSI indicator is at 70.24 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for DR Horton
America's Largest Homebuilder Forecasts a Strong Housing Market Over the Next 5 Years
Tue, 04 Aug 2020 15:33:00 +0000
America's biggest homebuilder, D.R. Horton (NYSE: DHI), recently reported and the common thread is a massive uptick in demand and orders. This means that D.R. Horton should see a continuation of its recent growth for the forseeable future. The United States Census Bureau just reported that the homeownership rate in the second quarter of 2020 increased to 67.9%, compared to 64.1% in the first quarter of 2020.
The Zacks Analyst Blog Highlights: PulteGroup, Quidel, D.R. Horton and West Pharmaceutical Services
Tue, 04 Aug 2020 13:24:01 +0000
The Zacks Analyst Blog Highlights: PulteGroup, Quidel, D.R. Horton and West Pharmaceutical Services
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Tue, 04 Aug 2020 11:48:11 +0000
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Top Consumer Discretionary Stocks for August 2020
Mon, 03 Aug 2020 20:16:39 +0000
These are the consumer discretionary stocks with the best value, fastest growth, and most momentum for August 2020.
Here is Why Growth Investors Should Buy D.R. Horton (DHI) Now
Mon, 03 Aug 2020 16:45:04 +0000
D.R. Horton (DHI) could produce exceptional returns because of its solid growth attributes.
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