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Downtrend Broken Resist.Archive
- 5/29/2026 -
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Lennar Corp. (LEN) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second positive week after 3 consecutive negative weeks for the Lennar Corp. (LEN). During the week, the LEN gained 0.92 points, or 1.04%, and closed at 89.78 on Friday, May 29, 2026. Weekly volume was -36% below average.
 Long-term trend: [See LEN long-term trend chart]
A long-term downtrend had started on September 19, 2024 at 193.80 and reached 81.18 on May 19, 2026. LEN lost 112.62 points, or 58.11%, in 86 weeks. The chart has formed a Descending Triangle chart pattern. The downtrend support line (104.16) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. 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 long-term trend.
 Medium-term trend: [See LEN medium-term trend chart]
A medium-term downtrend had started on February 13, 2026 at 124.16 and reached 81.18 on May 19, 2026. LEN lost 42.98 points, or 34.62%, in 13 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (80.78) is broken. A broken support is considered to be a long-term bullish 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 resistance line in a medium-term trend.
 Weekly Technical Indicators: [See LEN weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since February 27, 2026. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. 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 May 19, 2026 at 81.18 and reached 93.78 on May 27, 2026. LEN gained -12.60 points, or -15.52%, in 8 days. The price is now at the 31.75% 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 May 20, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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