Lennar Corporation (LEN) - Buy, Sell or Hold?
Sector: Basic Industries Sub-Sector: Homebuilding
| Trade Date | Current Candlestick Pattern | Previous Candlestick Pattern | When | Performance Since |
|---|---|---|---|---|
| Fri, 17 Nov 2017 | Bullish Engulfing | Bullish Engulfing | Tue, 14 Nov 2017 | 0.56% |
| ***Stock database and scans are updated around midnight (New York time) every trading day. | ||||
58.89 0.00 (0%) Nov 17 4:00pm EDT
Open: 57.92 Range: 57.81 - 59.10 Vol: 3.72M Avg Vol: 2.26M
Analyze "LEN" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 58.36
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 57.42
Last Trade is above the 50 day moving average at 55.16
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 52.36
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
How to use this info: Stock Timing With Moving Averages
News on "LEN" Stock
- After Chilly Winter, Homebuilders To Share Earnings With High Hopes Ahead
- PulteGroup (PHM) Stock Gains on Q1 Earnings & Revenue Beat
- Home builder stock knocked broadly lower after existing-home sales data disappoints
- Home-Builder Stocks Have Done Well. It’s Time to Sell, One Analyst Says.
- Here are the biggest analyst calls of the day: Qualcomm, Tesla, Chipotle, Tiffany & more
| Basic Industries Stocks Above 200 Day Moving-Average | |||
|---|---|---|---|
| Ticker | Name | Trend Analysis | Support/Resistance |
| PATK | Patrick Industries, Inc. | Buy, Sell or Hold | Trading Levels & Pivots |
| AMWD | American Woodmark Corporation | Buy, Sell or Hold | Trading Levels & Pivots |
| GLDD | Great Lakes Dredge & Dock Corporation | Buy, Sell or Hold | Trading Levels & Pivots |
| FSTR | L.B. Foster Company | Buy, Sell or Hold | Trading Levels & Pivots |
| BIOF | BioFuel Energy Corp. | Buy, Sell or Hold | Trading Levels & Pivots |
| STLD | Steel Dynamics, Inc. | Buy, Sell or Hold | Trading Levels & Pivots |
| STRL | Sterling Construction Company Inc | Buy, Sell or Hold | Trading Levels & Pivots |
| HCCI | Heritage-Crystal Clean, Inc. | Buy, Sell or Hold | Trading Levels & Pivots |
| LAYN | Layne Christensen Company | Buy, Sell or Hold | Trading Levels & Pivots |
| RGLD | Royal Gold, Inc. | Buy, Sell or Hold | Trading Levels & Pivots |
Stock Trend Analysis - Buy, Sell or Hold "Lennar Corporation" (LEN)?
LEN is in a very strong uptrend. In the last 52 weeks, LEN has been trading above the 200 day moving average for 80% of the time with an average daily volume of 2.3M shares being traded. The 50 day moving average, currently at 55.16, although still maintaining a bullish inclination, is however exhibiting characteristics of a medium term trading range. As the dominant long term trend is still up strongly, the high probability trade is still buying the dips. The 20 day moving average confirms this view as the underlying strength in LEN is still very strong with price maintaining above the 20 SMA for 82.5% of the time in the last month of trading. Traders however need to be cognizant of the fact that some retracement may set in as many may use the strength in price to lock in profits. Traders who are thinking of going long LEN shares should consider patiently waiting for price to be near the 50 or 200 SMAs, currently at 55.16 and 52.36 respectively. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "LEN".The analyst consensus estimates for the 1 year price target for this stock is $61.44* (*source: Yahoo Finance).