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Homebuilding Industry Stocks Technical Analysis - LENArchive
- 5/2/2025 -
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Lennar Corp. (LEN) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was a second positive week after 6 consecutive negative weeks for the Lennar Corp. (LEN). During the week, the LEN gained 2.57 points, or 2.39%, and closed at 110.20 on Friday, May 2, 2025. Weekly volume was -27% below average.
 Long-term trend: [See LEN long-term trend chart]
A long-term uptrend had started on November 21, 2008 at 3.42 and reached 193.80 on September 19, 2024. LEN gained -190.38 points, or -5566.67%, in 825 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 75.84 and resistance is at 145.96. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See LEN medium-term trend chart]
A medium-term uptrend had started on June 17, 2022 at 62.55 and reached 193.80 on September 19, 2024. LEN gained -131.25 points, or -209.83%, in 117 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (148.26) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See LEN weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since October 18, 2024. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
 Short-term trend: [See LEN short-term trend chart]
A short-term uptrend had started on April 9, 2025 at 98.40 and reached 111.61 on April 23, 2025. LEN gained -13.21 points, or -13.42%, in 14 days. The price is now at the 10.67% retracement level.
 Daily Technical Indicators: [See LEN daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since April 21, 2025. This is an indication that the short-term trend is up.
During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Consumer Discretionary |
3 |
| Industry |
Homebuilding |
27 |
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| Daily Trend |
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Low |
105.41 |
| Low Date |
04/30/2025 |
| High |
110.44 |
| High Date |
05/02/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
98.40 |
| Low Date |
04/09/2025 |
| High |
111.61 |
| High Date |
04/23/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Broadening Descending Wedge |
| Status |
Valid |
| Resistance |
148.91 |
| Support |
89.35 |
| High |
193.80 |
| High Date |
09/19/2024 |
| Low |
98.40 |
| Low Date |
04/09/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Broken Support |
| Resistance |
223.77 |
| Support |
148.26 |
| Low |
62.55 |
| Low Date |
06/17/2022 |
| High |
193.80 |
| High Date |
09/19/2024 |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Valid |
| Resistance |
145.96 |
| Support |
75.84 |
| Low |
3.42 |
| Low Date |
11/21/2008 |
| High |
193.80 |
| High Date |
09/19/2024 |
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