• Return to Headlines

Bearish Moving Average Cross by Kb Home (KBH)

By David Diaz

Today, shares of Kb Home (NYSE:KBH) have crossed bearishly below their 10-day moving average of $26.85 on a volume of 209K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, Kb Home share prices have been bracketed by a low of $20.68 and a high of $38.80 and are now at $26.65, 29% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.5%.

SmarTrend is tracking the current trend status for Kb Home and will alert subscribers who have KBH in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses KB Home

Ticker(s): KBH