We assign a technical rating of 0 out of 10 to LGIH. LGIH 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 technical rating of LGIH is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
42.79
4 important resistance areas can be observed.
- A resistance zone ranging from 46.99 to 47.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.55 to 49.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @51.45 from a trend line in the daily time frame.
- Resistance @53.17 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 LGIH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LGIH is down. |
| ChartMill Relative Strength | 9.24 | NEGATIVE | LGIH has a low relative strength, it was outperformed by 90.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LGIH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LGIH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LGIH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.62 | NEUTRAL | The RSI value for LGIH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.77 | NEGATIVE | The MACD value suggests LGIH has a negative trend. |
| Stochastics (14,3) | 5.06 | OVERSOLD | The low Stochastics value suggests LGIH may be oversold. |
| Average True Range in percent/ATR (20) | 5.15 | HIGH VOLATILITY | The high ATR as a percentage value for LGIH suggests high volalility. |
| Average Directional Index/ADX (14) | 16.62 | NEGATIVE | The low ADX value for LGIH suggests a weak or negative trend. |
43.22
-1.25 (-2.81%)
LGI HOMES INC / LGIH FAQ
What is the technical rating for LGIH stock?
ChartMill assigns a technical rating of 0 / 10 to LGIH.
Can you provide the trend direction for LGI HOMES INC?
The current trend direction for LGI HOMES INC (LGIH) is Bearish.
What is the RSI signal for LGIH stock?
LGI HOMES INC (LGIH) has an RSI value of 35.6159. This indicates that the stock is currently neutral.
What is the buy/sell signal for LGIH stock?
The buy/sell signal for LGI HOMES INC (LGIH) is sell as both the short term and long term trends are negative.
What is the support and resistance level for LGIH stock?
LGI HOMES INC (LGIH) has a resistance level at 46.99. Check the full technical report for our detailed analysis of LGIH support and resistance levels.