RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of KBH
Powered by GPT-4o
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Green day on Tuesday for KB Home
(Updated on Jul 23, 2024)

Buy or Hold candidate since Jul 10, 2024 Gain 22.08% PDF

The KB Home stock price gained 1.37% on the last trading day (Tuesday, 23rd Jul 2024), rising from $80.56 to $81.66. It has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the stock fluctuated 3.68% from a day low at $79.33 to a day high of $82.25. The price has risen in 8 of the last 10 days and is up by 24.96% over the past 2 weeks. Volume fell on the last day by -15 thousand shares and in total, 873 thousand shares were bought and sold for approximately $71.26 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the upper part of a wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $82.75 will firstly indicate a stronger rate of rising. Given the current short-term trend, the stock is expected to rise 10.02% during the next 3 months and, with a 90% probability hold a price between $73.26 and $91.04 at the end of this 3-month period.

Have specific questions? Chat with our AI Analyst now!

KBH Signals & Forecast

The KB Home stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $80.23 and $71.32. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, July 16, 2024, and so far it has fallen -0.572%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for KB Home stock

KB Home finds support from accumulated volume at $79.90 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $2.92 between high and low, or 3.68%. For the last week, the stock has had daily average volatility of 3.46%.

The KB Home stock is overbought on RSI14 and lies in the upper part of the trend. Normally this may pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought and the RSI is still moving upwards. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely, and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stop-loss: $79.23 (-2.97%) (This stock has high daily movements and this gives high risk. The RSI14 is 82 and this increases the risk substantially. There is a sell signal from a pivot top found 10 days ago.)

Trading Expectations (KBH) For The Upcoming Trading Day Of Wednesday 24th

For the upcoming trading day on Wednesday, 24th we expect KB Home to open at $81.08, and during the day (based on 14 day Average True Range), to move between $79.07 and $84.25, which gives a possible trading interval of +/-$2.59 (+/-3.17%) up or down from last closing price. If KB Home takes out the full calculated possible swing range there will be an estimated 6.34% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $82.13 (0.58%) than the support at $79.90 (2.16%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is KB Home stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for KB Home stock to perform well in the short-term.

Current score: 2.560 Buy Candidate Unchanged

Predicted Opening Price for KB Home of Wednesday, July 24, 2024

Fair opening price July 24, 2024 Current price
$81.08 ( 0.710%) $81.66

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for KBH

Fibonacci Support & Resistance Levels

Level Price
R3 84.00 2.87%
R2 82.88 1.50%
R1 82.20 0.656%
Price 81.66
S1 79.96 -2.08%
S2 79.28 -2.92%
S3 78.16 -4.29%

Accumulated Volume Support & Resistance Levels

Level Price
R3 0 -
R2 0 -
R1 82.13 0.576%
Price 81.66
S1 79.90 -2.16%
S2 70.54 -13.62%
S3 69.98 -14.30%

KBH Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Aug 08, 2024 Aug 08, 2024 Aug 22, 2024 $0.250 0.306%
2 May 08, 2024 May 08, 2024 May 23, 2024 $0.250 0.361%
3 Jan 18, 2024 Feb 07, 2024 Feb 22, 2024 $0.200 0.319%
4 Oct 05, 2023 Nov 08, 2023 Nov 22, 2023 $0.200 0.377%
5 Jul 13, 2023 Aug 02, 2023 Aug 17, 2023 $0.200 0.413%

FAQ

What is the symbol for KB Home Stock and on which exchange is it traded?
The symbol for KB Home is KBH and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell KB Home Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for KB Home stock to perform well in the short-term.

How to buy KB Home Stock?
KB Home Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy KB Home Stock.

What's the current price of KB Home Stock?
As of the end of day on the Jul 23, 2024, the price of an KB Home (KBH) share was $81.66.

What is the 52-week high and low for KB Home Stock?
The 52-week high for KB Home Stock is $83.74 and the 52-week low is $42.11.

What is the market capitalization of KB Home Stock?
As of the Jul 23, 2024, the market capitalization of KB Home is 6.058B.

When is the next earnings date for KB Home?
The upcoming earnings date for KB Home is Sep 18, 2024.
Click to get the best stock tips daily for free!

About KB Home

KB Home KB Home operates as a homebuilding company in the United States. It operates through four segments: West Coast, Southwest, Central, and Southeast. It builds and sells various homes, including attached and detached single-family residential homes, townhomes, and condominiums primarily for first-time, first move-up, second move-up, and active adult homebuyers. The company also offers financial services, such as insurance products and title services... KBH Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT