LENNAR CORP. - Daily - Technical analysis published on 06/26/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Court terme:
Strongly bearish
De fond:
Bearish
Technical indicators
11%
67%
22%
My opinion
Bearish under 50.24 USD
My targets
45.78 USD (-5.06%)
44.39 USD (-7.94%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on LENNAR CORP. as long as the price remains well below 50.24 USD. The sellers” bearish objective is set at 45.78 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 44.39 USD. In case of crossing, the next objective would be the support located at 41.03 USD.
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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The LENNAR CORP. rating is 48.22 USD. On the day, this instrument lost -6.21% and was between 47.75 USD and 53.25 USD. This implies that the price is at +0.98% from its lowest and at -9.45% from its highest.47.75
53.25
48.22
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by LENNAR CORP.:
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of LENNAR CORP. in Daily shows an overall bearish trend. 64.29% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : Daily
In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Support of triangle is broken
Type : Bearish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 41.03 | 44.39 | 45.78 | 48.22 | 50.24 | 51.65 | 52.91 |
| Change (%) | -14.91% | -7.94% | -5.06% | - | +4.19% | +7.11% | +9.73% |
| Change | -7.19 | -3.83 | -2.44 | - | +2.02 | +3.43 | +4.69 |
| Level | Minor | Minor | Intermediate | - | Major | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 49.68 | 50.32 | 50.86 | 51.50 | 52.04 | 52.68 | 53.22 |
| Camarilla | 51.09 | 51.19 | 51.30 | 51.41 | 51.52 | 51.63 | 51.73 |
| Woodie | 49.64 | 50.29 | 50.82 | 51.47 | 52.00 | 52.65 | 53.18 |
| Fibonacci | 50.32 | 50.77 | 51.05 | 51.50 | 51.95 | 52.23 | 52.68 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 46.64 | 48.51 | 49.93 | 51.79 | 53.22 | 55.08 | 56.50 |
| Camarilla | 50.45 | 50.75 | 51.05 | 51.35 | 51.65 | 51.95 | 52.25 |
| Woodie | 46.42 | 48.40 | 49.71 | 51.68 | 52.99 | 54.97 | 56.28 |
| Fibonacci | 48.51 | 49.76 | 50.54 | 51.79 | 53.05 | 53.83 | 55.08 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 32.58 | |
| MACD (12,26,9): | -0.2100 | |
| Directional Movement: | -20.95 | |
| AROON (14): | -50.00 | |
| DEMA (21): | 51.62 | |
| Parabolic SAR (0,02-0,02-0,2): | 53.60 | |
| Elder Ray (13): | -1.10 | |
| Super Trend (3,10): | 55.72 | |
| Zig ZAG (10): | 48.22 | |
| VORTEX (21): | 0.8500 | |
| Stochastique (14,3,5): | 21.74 | |
| TEMA (21): | 51.18 | |
| Williams %R (14): | -92.32 | |
| Chande Momentum Oscillator (20): | -5.14 | |
| Repulse (5,40,3): | -14.4000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0400 | |
| Courbe Coppock: | 0.19 |
| MA7: | 51.61 | |
| MA20: | 51.78 | |
| MA50: | 51.93 | |
| MA100: | 50.20 | |
| MAexp7: | 51.10 | |
| MAexp20: | 51.75 | |
| MAexp50: | 51.40 | |
| MAexp100: | 50.16 | |
| Price / MA7: | -6.57% | |
| Price / MA20: | -6.88% | |
| Price / MA50: | -7.14% | |
| Price / MA100: | -3.94% | |
| Price / MAexp7: | -5.64% | |
| Price / MAexp20: | -6.82% | |
| Price / MAexp50: | -6.19% | |
| Price / MAexp100: | -3.87% |
News
The latest news and videos published on LENNAR CORP. at the time of the analysis were as follows:
- Lennar Reports Second Quarter EPS of $1.30
- The Hoffman Company Brokers Deal Transferring Aging Retail Site to Lennar Homes For 80-Unit Development in Arcadia, Calif.
- Tracy Hills Now Selling & Lennar Model Opening This Saturday, June 15th
- Lennar Corporation's Second Quarter Earnings Conference Call To Be Broadcast Live On The Internet
- Lennar Announces Amenity Center Grand Opening At Master-Planned Hidden Trails Community In Bulverde, Texas
This member declared not having a position on this financial instrument or a related financial instrument.
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