Our Analysis of M/I Homes, Inc. ($MHO) (2019-11-08)

REPORTING FOR 2019-11-08 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how MHO has been trading over the last 2 weeks and the past day especially. On its latest session, M/I Homes, Inc. ($MHO) opened at 43.23, reaching a high of 43.23 and a low of 41.87 before closing at a price of 42.21. There was a total volume of 192332.

VOLUME INDICATORS FOR M/I HOMES, INC. ($MHO): We saw an accumulation-distribution index of 588.16854, an on-balance volume of 43.21, chaikin money flow of 1.50097 and a force index of 0.1722. There was an ease of movement rating of 0.00219, a volume-price trend of 8.20205 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR M/I HOMES, INC. ($MHO): We noted an average true range of 0.52087, bolinger bands of 42.44426, an upper bollinger band of 41.59574, lower bollinger band of 41.87, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 42.77667, high band keltner channel of 42.77667, low band keltner channel of 42.77667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 41.87, a donchian channel low band of 41.87, a donchian channel high band indicator of nan, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR M/I HOMES, INC. ($MHO): We calculated a Moving Average Convergence Divergence (MACD) of 0.00673, a MACD signal of 0.00374, a MACD difference of 0.00299, a fast Exponential Moving Average (EMA) indicator of 41.87, a slow Exponential Moving Average (EMA) indicator of 41.87, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.02566, a trix of 11.14538, a Mass Index (MI) of 1.8, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -6.85014, a KST Oscillator (KST) of 195.60719 and a KST Oscillator (KST Signal) of 195.60719 (leaving a KST difference of 2.14164). We also found an Ichimoku rating of 43.23, an Ichimoku B rating of 43.23, a Ichimoku visual trend A of 36.98569, an Ichimoku visual trend B of 38.8229, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR M/I HOMES, INC. ($MHO): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 83.43511, a stochastic oscillator of 50.0, a stochastic oscillator signal of 50.0, a Williams %R rating of -50.0 and an awesome oscillator of 0.087.

RETURNS FOR M/I HOMES, INC. ($MHO): There was a daily return of 19.56072, a daily log return of 0.71395 and a cumulative return of 0.7165.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-08 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for M/I Homes, Inc. ($MHO)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling M/I Homes, Inc. ($MHO) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com

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