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Shares of MDC Up 10.5% Since Uptrend Call on Shares

By James Quinn

SmarTrend identified an Uptrend for Mdc Holdings Inc (NYSE:MDC) on January 14th, 2020 at $40.74. In approximately 1 month, Mdc Holdings Inc has returned 10.46% as of today's recent price of $45.00.

In the past 52 weeks, shares of Mdc Holdings Inc have traded between a low of $27.13 and a high of $48.99 and are now at $45.00, which is 66% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.0%.

M.D.C. Holdings, Inc., through its subsidiaries, builds and sells homes under the name Richmond American Homes. The Company also originates mortgage loans primarily for its home buyers. M.D.C. builds its single-family homes in Colorado, Virginia, Maryland, Northern and Southern California, Arizona, and Nevada.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Mdc Holdings Inc shares.

Log in and add Mdc Holdings Inc (MDC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights mdc holdings inc

Ticker(s): MDC