LGI HOMES INC (LGIH)
US50187T1060 - Common Stock
Taking everything into account, LGIH scores 0 out of 10 in our technical rating. 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 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, LGIH is a bad performer in the overall market: 85% of all stocks are doing better.
LGIH is one of the lesser performing stocks in the Household Durables industry. 84% of 67 stocks in the same industry do better.
LGIH 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 LGIH has a been trading in the 87.47 - 100.45 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is bad, LGIH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 98.26. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for LGIH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
86.80
134.42
We found 3 important support areas.
- Support @92.98 from a trend line in the weekly time frame.
- Support @89.58 from a trend line in the daily time frame.
- Support @87.68 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 98.26 to 98.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 103.12 to 105.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 115.00 to 116.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @122.27 from a trend line in the daily time frame.
- Resistance @125.71 from a horizontal line in the daily time frame.
- Resistance @133.09 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.64
Mansfield-2.47
10 Day High99.35
10 Day Low87.47
20 Day High100.45
20 Day Low87.47
52 Week High141.91
52 Week Low84.16
Performance
1 Week9.25%
2 Weeks2.15%
1 Month-3.72%
3 Month-18.66%
6 Month-12.57%
12 Month-16.61%
2 Year0.27%
3 Year-45.66%
5 Year44.06%
10 Year515.6%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)1.03
RSI(14)49.82
LBB89.43
UBB99.7
LGI HOMES INC
NASDAQ:LGIH (5/7/2024, 7:07:17 PM)
After market: 98.25 0 (0%)98.25
+0.56 (+0.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.57%
1 Week9.25%
2 Weeks2.15%
1 Month-3.72%
3 Month-18.66%
6 Month-12.57%
12 Month-16.61%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.71
ATR(20)%3.73%
ATR Inc
Range Today1.23
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High99.35
10 Day Low87.47
20 Day High100.45
20 Day Low87.47
52 Week High141.91
52 Week Low84.16
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume179.60K
Volume Incr8.03%
Vol(5)288.10K
Vol(50)231.70K