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Downtrend Broken Resist.Archive - 4/25/2025 - Sign In to see current Signals. |
Lennar Corp. (LEN) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week after 6 consecutive negative weeks for the Lennar Corp. (LEN). During the week, the LEN gained 2.90 points, or 2.77%, and closed at 107.63 on Friday, April 25, 2025. LEN was trading at average weekly trading volume. LEN is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
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 75.76 and resistance is at 145.78. 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 (147.66) 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 and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Williams' Percentage Range and Lane's Stochastic. 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 30.13% retracement level.
Daily Technical Indicators: [See LEN daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
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