Lennar Technical Analysis (NYSE:LEN)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The LEN stock chart pattern can give those who understand technical analysis an indication of which way LEN stock is headed, but cannot predict with 100% certainty as to what can happen to the Lennar stock price.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Lennar. Technical analysis uses an approach for Lennar stock analysis that does not care for the fair value of a company but uses price and volume data only.
Lennar Moving Average
Moving averages show the LEN stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Lennar are mostly signals of long term trends and will help long term traders.
Lennar Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the LEN stock. Lennar bollinger bands show that the stock price is $60.86, upper band is 71.83, lower band is 54.46, and the average is 63.14.
Lennar Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Lennar MACD indicator is below 0 indicating a bearish trend.
Lennar Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. 37.72 is the RSI value of LEN stock.