DHI Stalls at $146.32 Amid Bearish EMAs

DR Horton Inc (DHI) closed down 0.22% at $146.32 on December 27.

Technical indicators paint a bearish picture:

• Moving Averages: Price sits below both the 9-day ($148.63) and 21-day ($150.40) EMAs, suggesting short-term weakness.
• Momentum: RSI at 51.0 is in neutral territory. MACD is bearish (-1.51 vs signal -0.37).
• Volatility: Bollinger Band width at 14.5% indicates normal volatility.

Key levels to watch: Support at $142.53, Resistance at $164.76.