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 2 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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
87% of all other stocks performed better in the past year than LEN.B.
LEN.B is part of the Household Durables industry. There are 63 other stocks in this industry, of which 74% are performing better than LEN.B.
LEN.B is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month LEN.B has a been trading in the 98.65 - 113.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, LEN.B does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 106.33, a Stop Loss order could be placed below this zone.
More info and screens
96.83
111.90
3 important support areas can be observed.
- A support zone ranging from 104.80 to 106.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 99.63 to 101.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 97.81 to 97.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 107.82 to 108.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @110.79 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for LEN.B is neutral. |
| ChartMill Relative Strength | 13 | NEGATIVE | LEN.B has a low relative strength, it was outperformed by 87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LEN.B is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LEN.B is above the rising 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) | 52.39 | NEUTRAL | The RSI value for LEN.B is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests LEN.B has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.69 | NEUTRAL | The Stochastics value for LEN.B is a neutral value. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for LEN.B suggests some volalility. |
| Average Directional Index/ADX (14) | 25.12 | POSITIVE | The high ADX value value for LEN.B suggests a strong 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)
107.38
-1.39 (-1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-1.28%
1 Week3.22%
2 Weeks1.96%
1 Month-0.24%
3 Month7.78%
6 Month-20.76%
12 Month-32.26%
2 Year-6.55%
3 Year58.19%
5 Year99.33%
10 Year144.82%
15 Year748.85%
Volatility
ATR(14)3.23
ATR(20)%3.23%
ATR Inc-16.1%
Range Today2.66
ADR(20)3.34
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13
Mansfield-2.55
10 Day High113.01
10 Day Low103.1
20 Day High113.01
20 Day Low98.65
52 Week High177
52 Week Low94.09
CS1 End106.33
CR1 Start107.82
Volume & EV
DER(3)1.58%
DER(5)0.49%
Volume23.40K
Volume Incr-29.28%
Vol(5)36.38K
Vol(50)52.71K