LENNAR CORP.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	LEN
ISIN:

LENNAR CORP. - Weekly - Technical analysis published on 09/08/2021 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

44%

22%

33%

My opinion

Bullish above 91.14 USD

My targets

108.05 USD (+5.40%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on LENNAR CORP. as long as the price remains well above 91.14 USD. The buyers' bullish objective is set at 108.05 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

6.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by finacian. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

LENNAR CORP. rating 102.51 USD. The price registered an increase of - over 5 days and has been traded over the last 5 days between - USD and - USD. This implies that the 5 day price is - from its lowest point and - from its highest point.

102.51

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by LENNAR CORP.:

The study of the highest / lowest by the Central Records scanner shows the following result:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Weekly chart of LENNAR CORP. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 6 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:

MACD indicator: bearish divergence

Type : Bullish

Timeframe : Weekly

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Bearish engulfing lines

Type : Bearish

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	55.76	71.62	91.14	102.51	108.05
Change (%)	-45.61%	-30.13%	-11.09%	-	+5.40%
Change	-46.75	-30.89	-11.37	-	+5.54
Level	Major	Major	Intermediate	-	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	101.01	102.38	103.38	104.75	105.75	107.12	108.12
Camarilla	103.72	103.94	104.15	104.37	104.59	104.81	105.02
Woodie	100.82	102.29	103.19	104.66	105.56	107.03	107.93
Fibonacci	102.38	103.29	103.85	104.75	105.66	106.22	107.12

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	98.17	101.40	103.50	106.73	108.83	112.06	114.16
Camarilla	104.14	104.63	105.12	105.61	106.10	106.59	107.08
Woodie	97.62	101.12	102.95	106.45	108.28	111.78	113.61
Fibonacci	101.40	103.43	104.69	106.73	108.76	110.02	112.06

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	95.22	98.77	103.04	106.59	110.86	114.41	118.68
Camarilla	105.16	105.88	106.59	107.31	108.03	108.74	109.46
Woodie	95.58	98.95	103.40	106.77	111.22	114.59	119.04
Fibonacci	98.77	101.76	103.60	106.59	109.58	111.42	114.41

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	54.71
MACD (12,26,9):	4.0300
Directional Movement:	4.37
AROON (14):	71.43
DEMA (21):	106.63
Parabolic SAR (0,02-0,02-0,2):	96.35
Elder Ray (13):	0.38
Super Trend (3,10):	87.84
Zig ZAG (10):	102.30
VORTEX (21):	0.9800
Stochastique (14,3,5):	75.67
TEMA (21):	105.83
Williams %R (14):	-38.97
Chande Momentum Oscillator (20):	4.54
Repulse (5,40,3):	-2.4200
ROCnROLL:	1
TRIX (15,9):	0.6600
Courbe Coppock:	13.50

MA7:	106.07
MA20:	106.47
MA50:	103.31
MA100:	100.96
MAexp7:	104.15
MAexp20:	101.09
MAexp50:	91.84
MAexp100:	80.42
Price / MA7:	-3.36%
Price / MA20:	-3.72%
Price / MA50:	-0.77%
Price / MA100:	+1.54%
Price / MAexp7:	-1.57%
Price / MAexp20:	+1.40%
Price / MAexp50:	+11.62%
Price / MAexp100:	+27.47%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on LENNAR CORP. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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