Technical Analysis for LEN.B - Lennar Corporation Class B

Grade Last Price % Change Price Change
grade A 49.76 -2.77% -1.42
LEN.B closed down 2.77 percent on Thursday, February 27, 2020, on 1.91 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: Mar 1
*** please verify all earnings dates ***

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down
Historical LEN.B trend table...

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Multiple of Ten Bearish Other 0.00%
Strong but Oversold Other 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%

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Profile

Lennar Corporation, together with its subsidiaries, is engaged in homebuilding activities in the United States. The company operates through Homebuilding East, Homebuilding Central, Homebuilding West, Homebuilding Southeast Florida, Homebuilding Houston, Financial Services, Rialto Investments, and Lennar Multifamily segments. Its homebuilding activities primarily include the construction and sale of single-family attached and detached homes to first-time, move-up, and active adult homebuyers, as well as the purchase, development, and sale of residential land. The company also offers real estate related financial services, including mortgage financing, title insurance, and closing services for home buyers and others. In addition, it is involved in raising, investing, and managing third party capital; originating and securitizing commercial mortgage loans, as well as investing in real estate related mortgage loans, properties, and related securities. Further, the company develops multifamily rental properties. Lennar Corporation was founded in 1954 and is headquartered in Miami, Florida.
Real Estate Mortgage Loan Loans Title Insurance Related Financial Services Commercial Mortgage Home Buyers Lennar Corporation

Is LEN.B a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 56.32
52 Week Low 35.96
Average Volume 69,555
200-Day Moving Average 44.65
50-Day Moving Average 50.34
20-Day Moving Average 54.05
10-Day Moving Average 54.17
Average True Range 1.20
ADX 40.87
+DI 18.73
-DI 40.10
Chandelier Exit (Long, 3 ATRs ) 52.73
Chandelier Exit (Short, 3 ATRs ) 53.14
Upper Bollinger Band 57.63
Lower Bollinger Band 50.47
Percent B (%b) -0.1
BandWidth 13.25
MACD Line 0.41
MACD Signal Line 1.23
MACD Histogram -0.822
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 52.87
Resistance 3 (R3) 53.14 52.38 52.35
Resistance 2 (R2) 52.38 51.59 52.24 52.17
Resistance 1 (R1) 51.07 51.10 50.69 50.80 52.00
Pivot Point 50.31 50.31 50.12 50.17 50.31
Support 1 (S1) 49.00 49.52 48.62 48.73 47.52
Support 2 (S2) 48.24 49.03 48.10 47.35
Support 3 (S3) 46.93 48.24 47.17
Support 4 (S4) 46.66