• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 484840 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1417236235 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1417236235 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

M/I Homes Bullish Moving Average Crossover Alert (MHO)

Published on Tue, 04/23/2013 - 11:26
By Peter Chu

Today, shares of M/I Homes (NYSE:MHO) have advanced above their 10-day MA of $21.82 on a volume of 306K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

M/I Homes, Inc. builds single-family homes that are marketed and sold under the M/I Homes and Showcase Homes trade names. M/I Homes has homebuilding operations in Ohio, Indiana, Florida, North Carolina, Virginia, and Maryland.

There is potential upside of 23.6% for shares of M/I Homes based on a current price of $22.66 and an average consensus analyst price target of $28.00. The stock should find resistance at its 50-day moving average (MA) of $23.56, as well as support at its 200-day MA of $22.09.

M/I Homes share prices have moved between a 52-week high of $29.07 and a 52-week low of $11.25 and are now trading 101% above that low price at $22.66 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 0.6%.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Recent 52-Week High Exceeded in Shares o...

Shares of Xcel Energy (NYSE:XEL) traded at a new 52-week high today of $34.10. So far ...

Wyndham Worldwide: The Winning Streak Co...

Shares of Wyndham Worldwide (NYSE:WYN) traded today at $84.06, breaking its 52-week hig ...

Shares of Western Union Have Risen Above...

Western Union (NYSE:WU) traded at a new 52-week high today of $18.66. So far today app ...

Watch for Continued Gains in Shares of A...

Aqua America (NYSE:WTR) traded today at a new 52-week high of $26.90. Approximately 43 ...

W&T Offshore: The Losing Streak Continue...

Shares of W&T Offshore (NYSE:WTI) traded at a new 52-week low today of $7.52. Approxim ...

Shares of West Pharmaceutical Services R...

West Pharmaceutical Services (NYSE:WST) traded today at a new 52-week high of $53.28. ...

Warren Resources Looks to Continue to Tr...

Warren Resources (NASDAQ:WRES) traded at a new 52-week low today of $2.05. So far toda ...

Recent 52-Week High Exceeded in Shares o...

WR Berkley (NYSE:WRB) traded today at a new 52-week high of $52.77. Approximately 152, ...