Hovnanian Enterprises, Inc. (HOV)

Hovnanian Enterprises, Inc. is trading at $127.04, down 2.79% on the session. The 50 day average sits at $129.57 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 51.8, which reads as neutral, and MACD is bearish crossover. Volume is average.

The nearest support is around $130.00 with resistance near $139.00, so that band frames the current range. Average daily movement is roughly $6.08, or about 4.8% of the share price, which is what any stop placement has to allow for. The overall health score of 56 out of 100 combines a trend score of 75, momentum of 41 and a risk score of 46.

Hovnanian Enterprises, Inc., through its subsidiaries, designs, constructs, markets, and sells residential homes in the United States. It offers single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes with amenities, such as clubhouses, swimming pools, tennis courts, tot lots, and open areas. The company markets and builds homes for first-time buyers, move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters. It also provides mortgage loans and title services. Hovnanian Enterprises, Inc. was founded in 1959 and is based in Matawan, New Jersey.