GBDC Stock +24.76% Since The Golden Star Was Identified GBDC Stock +24.76% Since The Golden Star Was Identified Unlock Golden Star List
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of DFH
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Red day on Wednesday for Dream Finders Homes, Inc.
(Updated on Apr 17, 2024)

Sell candidate since Apr 10, 2024 Loss -10.09% PDF

The Dream Finders Homes, Inc. stock price fell by -1.32% on the last day (Wednesday, 17th Apr 2024) from $34.76 to $34.30. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 2.92% from a day low at $34.30 to a day high of $35.30. The price has fallen in 7 of the last 10 days and is down by -20.29% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -169 thousand shares and in total, 385 thousand shares were bought and sold for approximately $13.20 million.

Given the current short-term trend, the stock is expected to rise 27.85% during the next 3 months and, with a 90% probability hold a price between $43.85 and $58.58 at the end of this 3-month period.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

DFH Signals & Forecast

There are few to no technical positive signals at the moment. The Dream Finders Homes, Inc. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $37.21 and $39.24. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, March 28, 2024, and so far it has fallen -21.56%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Dream Finders Homes, Inc. stock

Dream Finders Homes, Inc. finds support from accumulated volume at $34.15 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.00 between high and low, or 2.92%. For the last week, the stock has had daily average volatility of 4.68%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (DFH) For The Upcoming Trading Day Of Thursday 18th

For the upcoming trading day on Thursday, 18th we expect Dream Finders Homes, Inc. to open at $34.63, and during the day (based on 14 day Average True Range), to move between $32.33 and $36.27, which gives a possible trading interval of +/-$1.97 (+/-5.74%) up or down from last closing price. If Dream Finders Homes, Inc. takes out the full calculated possible swing range there will be an estimated 11.49% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $34.15 (0.44%) than the resistance at $34.53 (0.67%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Dream Finders Homes, Inc. stock A Buy?

The Dream Finders Homes, Inc. stock holds several negative signals and despite the positive trend, we believe Dream Finders Homes, Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.261 Sell Candidate Unchanged

Predicted Opening Price for Dream Finders Homes, Inc. of Thursday, April 18, 2024

Fair opening price April 18, 2024 Current price
$34.63 ( 0.97%) $34.30

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for DFH

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 35.63 3.89 %
R2 35.25 2.77 %
R1 35.02 2.09 %
Current price: 34.30
Support S1 34.25 -0.142 %
S2 34.02 -0.83 %
S3 33.63 -1.94 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 39.13 14.08 %
R2 37.86 10.38 %
R1 34.53 0.671 %
Current price 34.30
Support S1 34.15 -0.437%
S2 31.71 -7.55%
S3 31.03 -9.53%

FAQ

What is the symbol for Dream Finders Homes, Inc. Stock and on which exchange is it traded?
The symbol for Dream Finders Homes, Inc. is DFH and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Dream Finders Homes, Inc. Stock?
The Dream Finders Homes, Inc. stock holds several negative signals and despite the positive trend, we believe Dream Finders Homes, Inc. will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Dream Finders Homes, Inc. Stock?
Dream Finders Homes, Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Dream Finders Homes, Inc. Stock.

What's the current price of Dream Finders Homes, Inc. Stock?
As of the end of day on the 2024-04-17, the price of an Dream Finders Homes, Inc. (DFH) share was $34.30.

What is the 52-week high and low for Dream Finders Homes, Inc. Stock?
The 52-week high for Dream Finders Homes, Inc. Stock is $44.38 and the 52-week low is $14.12.

What is the market capitalization of Dream Finders Homes, Inc. Stock?
As of the 2024-04-17, the market capitalization of Dream Finders Homes, Inc. is 3.389B.

When is the next earnings date for Dream Finders Homes, Inc.?
The upcoming earnings date for Dream Finders Homes, Inc. is May 02, 2024.
Click to get the best stock tips daily for free!

About Dream Finders Homes, Inc.

Dream Finders Homes. Dream Finders Homes, Inc. operates as a holding company for Dream Finders Holdings LLC that engages in homebuilding business in the United States. It designs, constructs, and sells single-family entry-level, and first-time and second time move-up homes in Charlotte, Raleigh, Jacksonville, Orlando, Denver, the Washington D.C. metropolitan area, Austin, Dallas, and Houston. The company also operates as a licensed home mortgage broker that underwrit... DFH Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT