M/I Homes, Inc. (MHO)

M/I Homes, Inc. is trading at $123.85, up 0.45% on the session. The 50 day average sits at $141.74 and the 200 day at $138.09, which puts the stock in a uptrend. RSI is at 29.5, which reads as oversold, and MACD is bearish crossover. Volume is volume spike.

The nearest support is around $121.86 with resistance near $139.94, so that band frames the current range. Average daily movement is roughly $3.89, or about 3.1% of the share price, which is what any stop placement has to allow for. The overall health score of 41 out of 100 combines a trend score of 33, momentum of 37 and a risk score of 59.

M/I Homes, Inc., together with its subsidiaries, engages in the construction and sale of single-family residential homes in Ohio, Indiana, Illinois, Minnesota, Michigan, Florida, Texas, North Carolina, and Tennessee. The company operates through Northern Homebuilding, Southern Homebuilding, and Financial Services segments. It also designs, constructs, markets, and sells single-family homes and attached townhomes to first-time, move-up, empty-nester, multi-generational, and luxury homebuyers under the M/I Homes brand name. In addition, the company purchases undeveloped land to develop into developed lots for the construction of single-family homes, as well as for sale to others. Further, it originates and sells mortgages; and serves as a title insurance agent by providing title insurance policies, examination, and closing services to purchasers of its homes. The company was formerly known as M/I Schottenstein Homes, Inc. and changed its name to M/I Homes, Inc. in January 2004. M/I Homes, Inc. was founded in 1976 and is based in Columbus, Ohio.