DR Horton's most recent trend suggests a bullish bias. One trading opportunity on DR Horton is a Bull Put Spread using a strike $23.00 short put and a strike $18.00 long put offers a potential 5.04% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $23.00 by expiration. The full premium credit of $0.24 would be kept by the premium seller. The risk of $4.76 would be incurred if the stock dropped below the $18.00 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 61.29 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for DR Horton
These 2 Famed Investors' Opinions On Housing Could Lead to Big Things For Equity Residential or DR Horton
Tue, 03 Jun 2014 11:06:23 GMT
Motley Fool – Two famed investors paint two very different views of home ownership; here's how you can invest to follow each of them—or both.
[$$] Home Builder Picks for a Low-Rate Environment
Mon, 02 Jun 2014 19:28:00 GMT
Pending home sales rose but still let down builders like Ryland
Fri, 30 May 2014 15:47:52 GMT
Market Realist – The Pending Home Sales Index (the PHSI), a proprietary index from the National Association of Realtors based on contract signings, rose 0.4%, to 97.8 in April from 97.4 in March.
April Home Prices Rise As Supply, Distress Fall
Thu, 29 May 2014 15:56:00 GMT
Investor's Business Daily – Median home prices in April jumped 11% from a year earlier to $172,000, the highest level since December 2008, said housing tracker RealtyTrac in a report on Thursday. The median rose as short sales and …
D.R. Horton upgraded at RBC Capital
Thu, 29 May 2014 11:30:24 GMT
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