• Return to Headlines

After Yesterday's Decline of 2.66%, Kb Home Offers Investors Better Value

By Nick Russo

Kb Home (NYSE:KBH) traded in a range yesterday that spanned from a low of $33.54 to a high of $34.47. Yesterday, the shares fell 2.7%, which took the trading range below the 3-day low of $34.49 on volume of 421,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is monitoring the recent change of momentum in Kb Home. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Kb Home in search of a potential trend change.

In the past 52 weeks, Kb Home share prices have been bracketed by a low of $18.24 and a high of $37.28 and are now at $33.66, 85% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.1% while the 200-day MA has risen 1.0%.

Keywords: rebounders KB Home

Ticker(s): KBH