As we can see every fourth and second quarter the company generates higher income compared to the first and third quarter.As soon as the fiscal quarter's net income is announced price begins to change. From 0 to 1 (Q2-Q3 2018) it raises.
From 1 to 2 the Q3 earnings are announced and price begins to move down.
Also Vanguard's Real Estate ETF started to drop which the general housing market sudden downturn could have caused the fall in the price. (Shownin orange)
Again from 2 to 3 price begins to move up. This is seemingly due to high Q4 earnings report.
Low earnings report moves price down
from 3 to 4. As it seems it starts to get stable.
I believe the company will again report
high earnings for the Q4 of 2019 which will drive the price up.
From 1 to 2 the Q3 earnings are announced and price begins to move down.
Also Vanguard's Real Estate ETF started to drop which the general housing market sudden downturn could have caused the fall in the price. (Shownin orange)
Again from 2 to 3 price begins to move up. This is seemingly due to high Q4 earnings report.
Low earnings report moves price down
from 3 to 4. As it seems it starts to get stable.
I believe the company will again report
high earnings for the Q4 of 2019 which will drive the price up.