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StockCall Study on Hovnanian Enterprises, DR Horton, Lennar, and Beazer Homes



StockCall Study on Hovnanian Enterprises, DR Horton, Lennar, and Beazer Homes

PR Newswire

LONDON, April 3, 2013

LONDON, April 3, 2013 /PRNewswire/ --

Earlier this week, the Commerce Department reported that construction spending
rose 1.2% in the month of February. The data once again highlighted the
ongoing recovery in the U.S. housing market. With interest rates at record low
levels, the improvement in housing market is expected to continue at brisk
pace, benefiting homebuilders such as Hovnanian Enterprises Inc. (NYSE: HOV),
D.R. Horton Inc. (NYSE: DHI), Lennar Corporation (NYSE: LEN), and Beazer Homes
USA Inc. (NYSE: BZH). On Tuesday, though, homebuilder stocks struggled, ending
mostly lower even as the broad market edged higher. StockCall free coverage on
HOV, DHI, LEN, and BZH is available upon registration at

http://www.stockcall.com/register

Shares of Hovnanian Enterprises Inc. were among the major losers in the
homebuilder sector on Tuesday. The stock closed 1.58% lower at $5.59 after
touching an intra-day low of $5.57. Hovnanian's shares have fallen nearly 5%
in the last three trading sessions. For the year so far, the stock is down
more than 20%, even as the broad market has posted gains of more than 10%. In
the last one year, though, the company's shares have gained more than 117%,
highlighting the significant gains posted by homebuilders in 2012. Download
the free technical research on HOV by signing up at

http://www.StockCall.com/HOV040313.pdf

Shares of D.R. Horton Inc. also fell sharply in Tuesday's trading session. The
stock fell to an intra-day low of $23.35 before finishing the day 1.84% lower
at $23.41. D.R. Horton's shares are now down nearly 4% in the last three
sessions. Despite the recent decline, shares of DHI are still trading close to
their 52-week high of $25.56. Year-to-date, the stock is still up more than
18.30%, continuing its rally from last year. The stock's MACD, however, has
slipped below the signal line, which is a bearish signal. D.R. Horton's shares
currently have support at around $23. Register now and get access to the free
analysis on DHI at

http://www.StockCall.com/DHI040313.pdf

Another homebuilder that fell sharply on Tuesday was Lennar Corp. Shares of
the homebuilder hit an intra-day low of $40.01 before finishing the day 1.43%
lower at $40.03. Lennar's shares have now fallen more than 4.20% in the last
three trading sessions. Shares of LEN are now up more than 3.60% for the year,
underperforming the S&P 500. The stock slipped below its 50-day moving average
yesterday, which is a bearish signal. The stock's MACD has also crossed below
the signal line recently, further confirming the negative trend. Sign up and
read the complimentary report on LEN at

http://www.StockCall.com/LEN040313.pdf

Beazer Homes USA Inc.'s shares struggled on Tuesday, falling to an intra-day
low of $15.15. The stock pared some of its losses, but still finished 2.43%
lower at $15.26. Beazer's shares are now down nearly 9% in the last three
sessions, which suggests that market sentiment has turned bearish on the
stock. The stock has also slipped below its 200-day moving average, which
further confirms the downbeat trend. The stock's MACD has also slipped below
the signal line and the zero-line. Beazer Homes' shares are now down more than
9.60% for the year. The free report on BZH can be downloaded by signing up now
at

http://www.StockCall.com/BZH040313.pdf

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SOURCE StockCall.com

Contact: Contact Person:William T. Knight, Email: info@stockcall.com, Contact
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