What is the Market's View on M.D.C. Holdings, Inc. (MDC) Stock's Price and Volume Trends Monday?

Monday, September 20, 2021 01:20 PM | InvestorsObserver Analysts

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What is the Market's View on M.D.C. Holdings, Inc. (MDC) Stock's Price and Volume Trends Monday?

M.D.C. Holdings, Inc. (MDC) stock has fallen 2.97% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

M.D.C. Holdings, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on MDC!

See Full MDC Report

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With MDC Stock Today?

M.D.C. Holdings, Inc. (MDC) stock is trading at $48.96 as of 1:01 PM on Monday, Sep 20, a decline of -$2.59, or -5.02% from the previous closing price of $51.55. The stock has traded between $48.91 and $50.62 so far today. Volume today is less active than usual. So far 196,799 shares have traded compared to average volume of 372,854 shares. To see InvestorsObserver's Sentiment Score for M.D.C. Holdings, Inc. click here.

More About M.D.C. Holdings, Inc.

M.D.C. Holdings Inc is an American holding company that operates home construction, mortgage, insurance, and title companies. The company focuses on single-family and residential communities via its Richmond American Homes brand in Arizona, California, Colorado, Florida, Virginia, Nevada, Utah, and Washington. MDC Holdings constructs homes for first-time and move-up homebuyers. Home construction in Colorado, California, Washington, and Arizona derive most of the company's homebuilding revenue, followed by Utah, and Virginia. Click Here to get the full Stock Report for M.D.C. Holdings, Inc. stock.