Insurance Technology Industry News

TMCNet:  Shares of KBH Up 18.0% Since Uptrend Call on Shares

[February 28, 2013]

Shares of KBH Up 18.0% Since Uptrend Call on Shares

Feb 28, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for KB Home (NYSE:KBH) on December 17th, 2012 at $16.06. In approximately 2 months, KB Home has returned 18.03% as of today's recent price of $18.95.

Over the past year, KB Home has traded in a range of $6.46 to $20.04 and is now at $18.95, 193% above that low. Over the past week, the 200-day moving average (MA) has gone up 1.2% while the 50-day MA has advanced 1.1%.

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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