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Kb Home Crosses Above its 10-day MA (KBH)

By Nick Russo

Today, shares of Kb Home (NYSE:KBH) have crossed bullishly above their 10-day moving average of $26.04 on a volume of 209K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher 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 $26.36, 27% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 0.6%.

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