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 MDC
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Green day on Wednesday for MDC Holdings Inc stock after gaining 0.0637%
(Updated on Mar 27, 2024)

Buy or Hold candidate since Nov 29, 2023 Gain 41.47% PDF

The MDC Holdings Inc stock price gained 0.0637% on the last trading day (Wednesday, 27th Mar 2024), rising from $62.83 to $62.87. During the last trading day the stock fluctuated 0.111% from a day low at $62.87 to a day high of $62.94. The price has been going up and down for this period, and there has been a 0.16% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 62 thousand more shares were traded than the day before. In total, 1 million shares were bought and sold for approximately $62.89 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 13.64% during the next 3 months and, with a 90% probability hold a price between $67.93 and $78.72 at the end of this 3-month period.

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MDC Signals & Forecast

The MDC Holdings Inc 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 $62.83 and $62.59. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. 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 Monday, January 22, 2024, and so far it has fallen -0.206%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for MDC Holdings Inc stock

MDC Holdings Inc finds support from accumulated volume at $62.84 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $0.0700 between high and low, or 0.111%. For the last week the stock has had daily average volatility of 0.119%.

Our recommended stop-loss: $59.54 (-5.30%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 46 days ago.)

Trading Expectations (MDC) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect MDC Holdings Inc to open at $62.89, and during the day (based on 14 day Average True Range), to move between $62.67 and $63.07, which gives a possible trading interval of +/-$0.196 (+/-0.31%) up or down from last closing price. If MDC Holdings Inc takes out the full calculated possible swing range there will be an estimated 0.62% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $62.84 (0.05%) than the resistance at $63.00 (0.21%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is MDC Holdings Inc 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 MDC Holdings Inc stock to perform well in the short-term.

Current score: 1.894 Buy Candidate Unchanged

Predicted Opening Price for MDC Holdings Inc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$62.89 ( 0.0371%) $62.87

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

Trading levels for MDC

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 62.96 0.148 %
R2 62.94 0.106 %
R1 62.92 0.0796 %
Current price: 62.87
Support S1 62.87 -0.0054 %
S2 62.85 -0.0317 %
S3 62.82 -0.0742 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 63.00 0.207 %
Current price 62.87
Support S1 62.84 -0.0477%
S2 62.70 -0.270%
S3 62.62 -0.398%

MDC Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jan 17, 2024 Feb 06, 2024 Feb 21, 2024 $0.550 0.88%
2 Oct 23, 2023 Nov 07, 2023 Nov 22, 2023 $0.550 1.25%
3 Jul 24, 2023 Aug 08, 2023 Aug 23, 2023 $0.550 1.17%
4 Apr 17, 2023 May 09, 2023 May 24, 2023 $0.500 1.24%
5 Jan 23, 2023 Feb 07, 2023 Feb 22, 2023 $0.500 1.36%

FAQ

What is the symbol for MDC Holdings Inc Stock and on which exchange is it traded?
The symbol for MDC Holdings Inc is MDC and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell MDC Holdings Inc 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 MDC Holdings Inc stock to perform well in the short-term.

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

What's the current price of MDC Holdings Inc Stock?
As of the end of day on the 2024-03-27, the price of an MDC Holdings Inc (MDC) share was $62.87.

What is the 52-week high and low for MDC Holdings Inc Stock?
The 52-week high for MDC Holdings Inc Stock is $63.00 and the 52-week low is $36.47.

What is the market capitalization of MDC Holdings Inc Stock?
As of the 2024-03-27, the market capitalization of MDC Holdings Inc is 4.715B.

When is the next earnings date for MDC Holdings Inc?
The upcoming earnings date for MDC Holdings Inc is May 07, 2024.
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About MDC Holdings Inc

MDC Holdings M.D.C. Holdings, Inc., through its subsidiaries, engages in the homebuilding and financial service businesses. Its homebuilding operations include purchasing finished lots or developing lots for the construction and sale primarily of single-family detached homes to first-time and first-time move-up homebuyers under the Richmond American Homes name. The company conducts its homebuilding operations in Arizona, California, Nevada, New Mexico, Oregon... MDC Profile

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