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26.9% Return Seen to Date on SmarTrend M/I Homes Call (MHO)
Jan 09, 2013 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for M/I Homes (NYSE:MHO) on November 27th, 2012 at $22.33. In approximately 1 month, M/I Homes has returned 26.91% as of today's recent price of $28.34.
In the past 52 weeks, M/I Homes share prices have been bracketed by a low of $9.71 and a high of $29.07 and are now at $28.34, 192% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has risen 1.2%.
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.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of M/I Homes shares.Log in and add M/I Homes (MHO) 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
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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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