LENNAR CORP - B SHS (LEN.B) Technical Analysis
NYSE:LEN.B • US5260573028
Current stock price
LEN.B Technical Rating and Analysis
Overall LEN.B gets a technical rating of 0 out of 10. LEN.B scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, LEN.B is a bad performer in the overall market: 81% of all stocks are doing better.
- LEN.B is one of the lesser performing stocks in the Household Durables industry. 62% of 60 stocks in the same industry do better.
- LEN.B is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so LEN.B is lagging the market.
- In the last month LEN.B has a been trading in the 85.34 - 110.05 range, which is quite wide. It is currently trading near the lows of this range.
LEN.B Weekly and Daily overview Charts
LEN.B Setup Rating and Analysis
The technical rating of LEN.B is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
LEN.B Support and Resistance Analysis
85.42
5 important resistance areas can be observed.
- A resistance zone ranging from 89.93 to 90.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @108.75 from a trend line in the daily time frame.
- A resistance zone ranging from 111.91 to 112.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @116.06 from a trend line in the weekly time frame.
- Resistance @123.74 from a horizontal line in the daily time frame.
LEN.B Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for LEN.B is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LEN.B is down. |
| ChartMill Relative Strength | 19.62 | NEGATIVE | LEN.B has a low relative strength, it was outperformed by 80.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LEN.B is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LEN.B is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LEN.B is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.28 | OVERSOLD | The low RSI value suggests LEN.B may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.82 | NEGATIVE | The MACD value suggests LEN.B has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.02 | OVERSOLD | The low Stochastics value suggests LEN.B may be oversold. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for LEN.B suggests some volalility. |
| Average Directional Index/ADX (14) | 41.7 | POSITIVE | The high ADX value value for LEN.B suggests a strong trend. |
LEN.B Chart- and CandleStick Pattern Analysis
LEN.B Technicals: Chart, Performance Metrics, Trend & Indicators
86.28
-2.04 (-2.31%)
LENNAR CORP - B SHS / LEN.B TA FAQ
What is the technical rating for LEN.B stock?
ChartMill assigns a technical rating of 0 / 10 to LEN.B.
What is the trend direction for LEN.B stock?
The current trend direction for LENNAR CORP - B SHS (LEN.B) is Bearish.
Can you provide the RSI signal for LENNAR CORP - B SHS?
LENNAR CORP - B SHS (LEN.B) has an RSI value of 25.2765. This indicates that the stock is currently oversold.
What is the short term momentum for LEN.B stock?
The short term momentum for LENNAR CORP - B SHS (LEN.B) is negative.
What is the buy/sell signal for LENNAR CORP - B SHS (LEN.B) stock?
The buy/sell signal for LENNAR CORP - B SHS (LEN.B) is sell as both the short term and long term trends are negative.