Is Hovnanian Enterprises, Inc. technically bullish or bearish?

As of 8 September 2025, the technical trend for Hovnanian Enterprises, Inc. has changed from bullish to mildly bullish. The weekly MACD is bullish, while the monthly MACD is mildly bearish, indicating mixed signals. The daily moving averages are bullish, supporting a positive short-term outlook. Bollinger Bands show a mildly bullish trend on the weekly and bullish on the monthly, further suggesting upward momentum. Dow Theory indicates a mildly bullish stance for both weekly and monthly periods.
In terms of performance, Hovnanian has underperformed the S&P 500 over the past week and month, with returns of -3.94% and -2.43% compared to the S&P 500's 1.05% and 2.33%, respectively. However, it has significantly outperformed the benchmark over the longer term, with a 3-year return of 257.91% versus 70.41% for the S&P 500. Overall, the current technical stance is mildly bullish, but caution is warranted given the mixed indicators and recent underperformance.