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MTH forms 50 Day Moving Average Support on July 22
On Wednesday, July 22nd, MTH moved up 0.85% while volume was to 0.8× the usual levels. The session formed a 50 DMA Support, often signaling a possible continuation. Key support levels exist at 71.2, 70.12 & 68.96, with resistance at 73.43, 74.59 & 75.67. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of MTH: C
Today’s move could mean more—check all the signals for MTH on SwingTradeBot.
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