Technical Analysis of KB HOME(NYSE:KBH) stock

Technical Rating

Taking everything into account, KBH scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. KBH was also a bad performer in the overall market in the last year.

In the last month KBH has a been trading in the 29.53 - 33.29 range, which is quite wide. It is currently trading near the high of this range.

KBH has an average volume of 1734800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.

KBH is part of the Household Durables industry. There are 66 other stocks in this industry, KBH did better than 50% of them.

KBH is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

75% of all other stocks performed better in the past year than KBH.

Statistics

1 Month

3 Months

6 Months

12 Months

6.34%

-2.37%

-15.66%

-25.67%

SMA(20)

SMA(50)

SMA(100)

SMA(200)

52 Wk Range

ST Trend

LT Trend

25.03

24.78 - 50.2

Support/Resistance Analysis

30.45

48.03

When analyzing the support we can see 2 important areas.

A support zone ranging from 31.68 to 32.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 30.76 to 30.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

When analyzing the resistance we notice 4 important areas.

Resistance @32.70 from a horizontal line in the daily time frame.
Resistance @34.82 from a horizontal line in the weekly time frame.
Resistance @39.84 from a horizontal line in the daily time frame.
Resistance @47.55 from a trend line in the weekly time frame.

Setup Analysis

Setup Rating

KBH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 32.7. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 32.26, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for KBH in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.

KB HOME32.54

NYSE:KBH (8/10/2022, 7:04:00 PM)+1.14 (+3.63%)

After market: 32.6 +0.06 (+0.18%)

Chartmill TA Rating

Chartmill Setup Rating

Sector

GICS Sector	Consumer Discretionary
GICS Industry	Household Durables

Performance

Today	3.63%	1 Week	4.6%
2 Weeks	0.18%	1 Month	6.34%
3 Month	-2.37%	6 Month	-15.66%

Volatility

ATR(14)	1.23	ATR(20)%	3.76%
ATR Inc	24.96%	Range Today	1.04

Trend & SMA

ST Trend		LT Trend
SMA(5)		SMA(10)
SMA(20)		SMA(50)
SMA(100)		SMA(200)

Relative Strength & Ranges

CRS	25.03	Mansfield	-1
10 Day High	33.29	10 Day Low	30.23
20 Day High	33.29	20 Day Low	29.53
52 Week High	50.2	52 Week Low	24.78
CS1 End	32.26	CR1 Start	32.7

Volume & EV

DER(3)	5.19%	DER(5)	4.95%
Volume	1.41M	Volume Incr	-2.73%
Vol(5)	1.25M	Vol(50)	1.73M

KB HOME (KBH) 32.54 +1.14 (+3.63%)

32.54 +1.14 (+3.63%)

Technical Rating

Statistics

Support/Resistance Analysis

Setup Analysis

Setup Rating

KB HOME32.54

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