Insurance Technology Industry News

TMCNet:  KB Home Has Returned 14.4% Since SmarTrend Recommendation (KBH)

[January 24, 2013]

KB Home Has Returned 14.4% Since SmarTrend Recommendation (KBH)

Jan 24, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for KB Home (NYSE:KBH) on December 17th, 2012 at $16.06. In approximately 1 month, KB Home has returned 14.42% as of today's recent price of $18.37.

KB Home share prices have moved between a 52-week high of $18.99 and a 52-week low of $6.46 and are now trading 184% above that low price at $18.37 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has risen 0.8%.

KB HOME builds single-family homes in the United States, primarily targeting first-time and first move-up homebuyers. The Company has operating divisions in Arizona, California, Colorado, Florida, Georgia, Illinois, Nevada, Wisconsin, New Mexico, North Carolina, South Carolina, and Texas in the United States. KB Home also derives income from mortgage banking, title and insurance services.

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.Log in and add KB Home (KBH) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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