LENNAR CORP - B SHS (LEN.B) Stock Technical Analysis
NYSE:LEN.B - New York Stock Exchange, Inc. - US5260573028 - Common Stock - Currency: USD
Overall LEN.B gets a technical rating of 0 out of 10. LEN.B's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, LEN.B is a bad performer in the overall market: 82% of all stocks are doing better.
LEN.B is currently trading near the lower end of its 52 week range, which is not a good sign. 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 99.00 - 109.25 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
LEN.B is part of the Household Durables industry. There are 64 other stocks in this industry, LEN.B did better than 41% of them.
Although the technical rating is bad, LEN.B does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 99.92, a Stop Loss order could be placed below this zone.
More info and screens
96.83
109.59
We found 2 important support areas.
- A support zone ranging from 99.63 to 99.92. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @97.81 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 103.92 to 105.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 108.45 to 108.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 18.68 | NEGATIVE | LEN.B has a low relative strength, it was outperformed by 81.32% 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) | 42.61 | NEUTRAL | The RSI value for LEN.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.29 | NEGATIVE | The MACD value suggests LEN.B has a negative trend. |
| Stochastics (14,3) | 14.48 | OVERSOLD | The low Stochastics value suggests LEN.B may be oversold. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for LEN.B suggests some volalility. |
| Average Directional Index/ADX (14) | 17.9 | NEGATIVE | The low ADX value for LEN.B suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
100.81
+0.14 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.14%
1 Week-7.09%
2 Weeks-2.42%
1 Month-0.59%
3 Month-13.16%
6 Month-37.19%
12 Month-30.34%
2 Year6.62%
3 Year50.08%
5 Year124.62%
10 Year161.57%
15 Year604.97%
Volatility
ATR(14)2.68
ATR(20)%2.48%
ATR Inc-36.06%
Range Today1.16
ADR(20)2.13
ADR(20)%2.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.68
Mansfield-2.89
10 Day High109.25
10 Day Low99
20 Day High109.25
20 Day Low99
52 Week High177
52 Week Low94.09
CS1 End99.92
CR1 Start103.92
Volume & EV
DER(3)2.95%
DER(5)-2.26%
Volume37.50K
Volume Incr-17.72%
Vol(5)53.58K
Vol(50)62.93K