LENNAR CORP-A (LEN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LEN - US5260571048 - Common Stock
118 USD
+2.84 (+2.47%)
118 USD
0 (0%)
Taking everything into account, LEN scores 1 out of 10 in our technical rating. 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.
- 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.
- When comparing the yearly performance of all stocks, LEN is a bad performer in the overall market: 79% of all stocks are doing better.
- In the last month LEN has a been trading in the 102.12 - 123.71 range, which is quite wide. It is currently trading near the high of this range.
- LEN has an average volume of 6492340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- LEN is part of the Household Durables industry. There are 60 other stocks in this industry, LEN did better than 40% of them.
- LEN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LEN is lagging the market.
- Considerably lower volume is observed in the last couple of days.
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
101.73
132.61
When analyzing the support we can see 2 important areas.
- A support zone ranging from 116.07 to 117.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 102.76 to 104.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 121.87 to 123.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 128.42 to 131.30. This zone is formed by a combination of multiple trend lines 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 is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LEN is neutral. |
| ChartMill Relative Strength | 21.57 | NEGATIVE | LEN has a low relative strength, it was outperformed by 78.43% 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) | DOWN | MIXED | The current price of LEN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of LEN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.52 | NEUTRAL | The RSI value for LEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.69 | POSITIVE | The MACD value suggests LEN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.64 | NEUTRAL | The Stochastics value for LEN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for LEN suggests some volalility. |
| Average Directional Index/ADX (14) | 26.7 | POSITIVE | The high ADX value value for LEN 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)
118
+2.84 (+2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg2.47%
1 Week-4.75%
2 Weeks9.26%
1 Month6.3%
3 Month-9.73%
6 Month-0.15%
12 Month-12.99%
2 Year-23.15%
3 Year12.46%
5 Year38.5%
10 Year173.22%
15 Year494.83%
Volatility
ATR(14)4.15
ATR(20)%3.05%
ATR Inc27.1%
Range Today3.97
ADR(20)3.32
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.57
3 months CRS23.35
6 months CRS36.44
Mansfield-1.04
10 Day High123.71
10 Day Low102.76
20 Day High123.71
20 Day Low102.12
52 Week High144.24
52 Week Low98.42
CS1 End104.73
CR1 Start116.07
Volume & EV
DER(3)-1.84%
DER(5)0.5%
Volume3.59M
Volume Incr-16.02%
Vol(5)3.51M
Vol(50)6.49M
LENNAR CORP-A / LEN FAQ
What is the ChartMill technical rating of LENNAR CORP-A (LEN) stock?
ChartMill assigns a technical rating of 1 / 10 to LEN.
What is the trend direction for LEN stock?
The current trend direction for LENNAR CORP-A (LEN) is Bearish.
What is the RSI signal for LENNAR CORP-A (LEN) stock?
LENNAR CORP-A (LEN) has an RSI value of 50.5249. This indicates that the stock is currently neutral.
Can you provide the short term momentum for LENNAR CORP-A?
The short term momentum for LENNAR CORP-A (LEN) is neutral.