• Return to Headlines

Watch for Kb Home to Potentially Rebound After Falling 1.85% Yesterday

By Nick Russo

Kb Home (NYSE:KBH) traded in a range yesterday that spanned from a low of $24.53 to a high of $25.55. Yesterday, the shares fell 1.8%, which took the trading range below the 3-day low of $24.55 on volume of 1.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

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 $24.98, 21% above that low price. The 200-day and 50-day moving averages have moved 0.21% lower and 0.27% lower over the past week, respectively.

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: rebounders KB Home

Ticker(s): KBH