SmarTrend Detects Continued Buying Pressure in Shares of KB Home (KBH)
Friday, March 12, 2010 - 07:29
Written on Fri, 03/12/2010 - 7:29am
By Chip Brian

SmarTrend identified an Uptrend for KB Home (NYSE:KBH) on January 07, 2010 at $15.54. In approximately 2 months, KB Home has returned 13.2% as of today's recent price of $17.59.
KB Home is currently above its 50-day moving average of $15.44 and above its 200-day moving average of $15.46. Look for these moving averages to climb to confirm the company's upward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of KB Home shares.

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