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Dr Horton Inc Bullish Moving Average Crossover Alert (DHI)

By Shiri Gupta

Dr Horton Inc (NYSE:DHI) shares have crossed bullishly above their 10-day moving average of $43.94 on a volume of 155K shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Dr Horton Inc have traded between a low of $32.39 and a high of $47.02 and are now at $44.09, which is 36% above that low price. The 200-day and 50-day moving averages have moved 0.01% lower and 0.50% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Dr Horton Inc and will alert subscribers who have DHI in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses dr horton inc

Ticker(s): DHI