LENNAR CORP-A (LEN) Technical Analysis
NYSE:LEN • US5260571048
Current stock price
LEN Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to LEN. LEN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 86% of all other stocks performed better in the past year than LEN.
- LEN is one of the lesser performing stocks in the Household Durables industry. 79% of 60 stocks in the same industry do better.
- LEN 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 is lagging the market.
- In the last month LEN has a been trading in the 83.03 - 104.03 range, which is quite wide. It is currently trading near the lows of this range.
- LEN has an average volume of 2995720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
LEN Weekly and Daily overview Charts
LEN Setup Rating and Analysis
The technical rating of LEN 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 Support and Resistance Analysis
85.63
4 important resistance areas can be observed.
- Resistance @97.03 from a horizontal line in the daily time frame.
- A resistance zone ranging from 114.97 to 115.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @120.67 from a trend line in the daily time frame.
- Resistance @123.32 from a horizontal line in the daily time frame.
LEN 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 is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LEN is down. |
| ChartMill Relative Strength | 14.5 | NEGATIVE | LEN has a low relative strength, it was outperformed by 85.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LEN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LEN is below a declining 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) | 30.42 | NEUTRAL | The RSI value for LEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests LEN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.73 | OVERSOLD | The low Stochastics value suggests LEN may be oversold. |
| Average True Range in percent/ATR (20) | 4.14 | MEDIUM VOLATILITY | The ATR as a percentage value for LEN suggests some volalility. |
| Average Directional Index/ADX (14) | 49.45 | POSITIVE | The high ADX value value for LEN suggests a strong trend. |
LEN Chart- and CandleStick Pattern Analysis
LEN Technicals: Chart, Performance Metrics, Trend & Indicators
86.49
+1.05 (+1.23%)
LENNAR CORP-A / LEN TA FAQ
What is the ChartMill technical rating of LENNAR CORP-A (LEN) stock?
ChartMill assigns a technical rating of 0 / 10 to LEN.
What is the trend direction for LEN stock?
The current trend direction for LENNAR CORP-A (LEN) is Bearish.
Can you provide the RSI signal for LENNAR CORP-A?
LENNAR CORP-A (LEN) has an RSI value of 30.4183. This indicates that the stock is currently neutral.
What is the MACD signal for LENNAR CORP-A (LEN) stock?
The MACD indicator for LENNAR CORP-A (LEN) has a value of -0.20701, indicating a bearish trend.
What is the short term momentum for LEN stock?
The short term momentum for LENNAR CORP-A (LEN) is negative.