LENNAR CORP-A (LEN) Stock Technical Analysis
NYSE:LEN - New York Stock Exchange, Inc. - US5260571048 - Common Stock - Currency: USD
Taking everything into account, LEN scores 3 out of 10 in our technical rating. In the past year, LEN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, LEN is a bad performer in the overall market: 85% of all stocks are doing better.
LEN is part of the Household Durables industry. There are 64 other stocks in this industry, of which 74% are performing better than LEN.
LEN 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.
LEN has an average volume of 2782790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month LEN has a been trading in the 102.53 - 116.49 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 does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
101.73
114.69
When analyzing the support we can see 2 important areas.
- A support zone ranging from 108.51 to 109.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 102.76 to 106.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 110.62 to 110.66. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 112.55 to 113.55. This zone is formed by a combination of multiple trend lines 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 is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LEN is up. |
| ChartMill Relative Strength | 15.01 | NEGATIVE | LEN has a low relative strength, it was outperformed by 84.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LEN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LEN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LEN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.4 | NEUTRAL | The RSI value for LEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests LEN has a positive trend. |
| Stochastics (14,3) | 55.01 | NEUTRAL | The Stochastics value for LEN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for LEN suggests some volalility. |
| Average Directional Index/ADX (14) | 20.62 | NEUTRAL | The ADX value for LEN suggests a possible start of a new 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)
110.61
+0.4 (+0.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.36%
1 Week-0.02%
2 Weeks1.84%
1 Month4.27%
3 Month-0.38%
6 Month-18.6%
12 Month-22.45%
2 Year-11.73%
3 Year56.74%
5 Year79.5%
10 Year116.71%
15 Year695.18%
Volatility
ATR(14)3.76
ATR(20)%3.16%
ATR Inc-39.52%
Range Today1.95
ADR(20)3.44
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
CRS15.01
Mansfield-2.81
10 Day High114.21
10 Day Low102.53
20 Day High116.49
20 Day Low102.53
52 Week High193.8
52 Week Low98.42
CS1 End108.94
CR1 Start110.31
Volume & EV
DER(3)-0.75%
DER(5)0.47%
Volume2.49M
Volume Incr-6.3%
Vol(5)3.04M
Vol(50)2.78M