Stock Forecast Chart
Stock Price Prediction Summary
Forecast Score Based on 2 Weeks
Based on our forecast, the price of MDC will rise by +0.14% over the next 2 Weeks and hit $63.07 by Thursday, May 2, 2024. In that time frame, MDC's share price is expected to range between $61.05 and $65.05.
BearishAverageBullishMDC shares rose +0.05% in Thursday, April 18, 2024's trading session, rising from a previous close of $62.95 to move at $62.98. The stock demonstrated notable intraday movement (see MDC's key stats for a full breakdown), fluctuating between $62.97 and $62.99, a +0.03% trading range. While recent weeks have seen some volatility, MDC has managed to secure a +0.17% gain over the past 2 weeks. The upward price movement was accompanied by increased trading volume, with approximately 6.41M shares changing hands, 4.28M more than the previous session. This amounted to $403.94M in total market activity.
Will MDC Continue Its Upward Trend?
According to analyst ratings and projections for MDC, M.D.C. Holdings, Inc. shares are anticipated to increase by +3.22%, potentially reaching $65.07 per share by May 2, 2024. Short-term technical indicators currently suggest a neutral sentiment for MDC. For deeper insights, view our sentiment analysis on AAPL covering social and institutional perspectives. However, the stock has recorded 16 positive trading days within the past 30 sessions. Based on the MDC stock forecast, now is a good time to buy MDC stock because its current trading price is -0.14% below our predicted value, hinting at a possible overvaluation. For deeper insights, view our sentiment analysis on MDC covering social and institutional perspectives.
MDC Technical Momentum: Overbought, Oversold, or Neutral?
An analysis of Relative Strength Index (RSI) indicators provides insight into MDC's momentum. Short-term RSIs (9, 14, and 20-day figures ranging from 65.02% to 67.23%) suggest the stock is in a bullish momentum phase. The 50-day RSI, at 65.19%, suggests strong medium-term momentum. Additionally, the 100-day RSI, at 60.85%, points to growing bullish momentum over the long term. Insights into MDC's shareholder base show how institutional investors are positioning themselves during these momentum shifts
M.D.C. Holdings, Inc. Monthly Forecast 2024–2025
September 2024
According to our latest forecast models, M.D.C. Holdings, Inc. (MDC) is positioned to show a strong performance in September 2024. The price is predicted to move between $99.41 and $108.72, settling at an average of $104.36. This could translate to a +65.70% gain.
October 2024
Based on current market signals, M.D.C. Holdings, Inc. is projected to trend october 2024. We forecast a trading range from $103.15 to $116.46, with a likely average price of $109.88. Investors could expect a potential return of +74.47%.
November 2024
Our predictive algorithms indicate M.D.C. Holdings, Inc. stock may see a shift in November 2024. The expected range spans $110.35–$123.24, with an average target of $117.40. This represents a positive outlook and a possible gain of +86.41%.
December 2024
Analyzing established trends, M.D.C. Holdings, Inc. looks set to move in December 2024. Projections place the stock between $117.10 and $128.79, averaging around $123.19. This suggests a +95.60% gain from current levels.
January 2025
Market indicators suggest M.D.C. Holdings, Inc. could experience notable changes during January 2025. Prices could fluctuate within $122.59 to $134.92, with a midpoint forecast of $128.77. The stock might deliver a +104.46% gain.
February 2025
Forecasting for February 2025, models estimate that M.D.C. Holdings, Inc. may undergo key fluctuations. If trends hold, the stock might trade between $128.94 and $141.31, averaging $135.07. This signals a positive trajectory with potential returns around +114.46%.
March 2025
According to our latest forecast models, M.D.C. Holdings, Inc. (MDC) is positioned to show a strong performance in March 2025. The price is predicted to move between $135.83 and $148.00, settling at an average of $141.75. This could translate to a +125.07% gain.
April 2025
Based on current market signals, M.D.C. Holdings, Inc. is projected to trend april 2025. We forecast a trading range from $141.12 to $154.98, with a likely average price of $147.67. Investors could expect a potential return of +134.47%.
MDC's history of dividends and stock splits also plays a role in long-term investor confidence.