LGI HOMES INC (LGIH) Technical Analysis
NASDAQ:LGIH • US50187T1060
Current stock price
37.06 USD
-1.19 (-3.11%)
At close:
37.5689 USD
+0.51 (+1.37%)
After Hours:
LGIH Technical Rating and Analysis
Overall LGIH gets a technical rating of 0 out of 10. 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 negative, as is the long term trend. There should be more interesting stocks out there.
- 90% of all other stocks performed better in the past year than LGIH.
- LGIH is part of the Household Durables industry. There are 60 other stocks in this industry, of which 83% are performing better than LGIH.
- LGIH 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 LGIH is lagging the market.
- In the last month LGIH has a been trading in the 36.13 - 56.08 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
LGIH Weekly and Daily overview Charts
LGIH Setup Rating and Analysis
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
LGIH Support and Resistance Analysis
36.69
60.76
We can see 3 important resistance areas.
- A resistance zone ranging from 41.21 to 41.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @56.86 from a trend line in the weekly time frame.
- A resistance zone ranging from 59.50 to 60.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
LGIH 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 LGIH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LGIH is down. |
| ChartMill Relative Strength | 10.5 | NEGATIVE | LGIH has a low relative strength, it was outperformed by 89.5% 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) | 20.86 | OVERSOLD | The low RSI value suggests LGIH may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.88 | NEGATIVE | The MACD value suggests LGIH has a negative trend. |
| Stochastics (14,3) | 5.61 | OVERSOLD | The low Stochastics value suggests LGIH may be oversold. |
| Average True Range in percent/ATR (20) | 6.1 | HIGH VOLATILITY | The high ATR as a percentage value for LGIH suggests high volalility. |
| Average Directional Index/ADX (14) | 39.08 | POSITIVE | The high ADX value value for LGIH suggests a strong trend. |
LGIH Chart- and CandleStick Pattern Analysis
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)
LGIH Technicals: Chart, Performance Metrics, Trend & Indicators
37.06
-1.19 (-3.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-3.11%
1 Week-9.68%
2 Weeks-20.86%
1 Month-30.63%
3 Month-16.66%
6 Month-34.47%
12 Month-47.71%
2 Year-68.15%
3 Year-67.5%
5 Year-75.18%
10 Year53.08%
15 YearN/A
Volatility
ATR(14)2.22
ATR(20)%6.1%
ATR Inc18.86%
Range Today1.8
ADR(20)2.07
ADR(20)%5.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.5
3 months CRS20.93
6 months CRS15.16
Mansfield-3.27
10 Day High46.23
10 Day Low36.13
20 Day High56.08
20 Day Low36.13
52 Week High72.86
52 Week Low36.13
CS1 EndN/A
CR1 Start41.21
Volume & EV
DER(3)-4.52%
DER(5)-3.92%
Volume1.01M
Volume Incr58.79%
Vol(5)671.02K
Vol(50)435.17K
LGI HOMES INC / LGIH TA FAQ
What is the technical rating for LGIH stock?
ChartMill assigns a technical rating of 0 / 10 to LGIH.
What is the trend direction for LGIH stock?
The current trend direction for LGI HOMES INC (LGIH) is Bearish.
Can you provide the RSI signal for LGI HOMES INC?
LGI HOMES INC (LGIH) has an RSI value of 20.8572. This indicates that the stock is currently oversold.
Can you provide the MACD signal for LGI HOMES INC?
The MACD indicator for LGI HOMES INC (LGIH) has a value of -0.882235, indicating a bearish trend.
What is the buy/sell signal for LGI HOMES INC (LGIH) stock?
The buy/sell signal for LGI HOMES INC (LGIH) is sell as both the short term and long term trends are negative.