Question 1

What implications does the 10-day RSI indicator have for LEN?

Accepted Answer

The 10-day RSI Indicator for LEN moved out of overbought territory on July 31, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 42 similar instances where the indicator moved out of overbought territory. In 30 of the 42 cases, the stock moved lower in the following days. This puts the odds of a move lower at 0%.

Question 2

What does the Stochastic Oscillator suggest about LEN's trend?

Accepted Answer

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Question 3

How did LEN's Momentum indicator behave recently?

Accepted Answer

LEN saw its Momentum Indicator move above the 0 level on August 19, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 82 similar instances where the indicator turned positive. In 58 of the 82 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 4

What does MACD indicator imply for LEN?

Accepted Answer

The Moving Average Convergence Divergence Histogram (MACD) for LEN turned negative on August 05, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In 30 of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at 0%.

Question 5

What does a 3-day price advance indicate for LEN?

Accepted Answer

Following a +2.85% 3-day Advance, the price is estimated to grow further. Considering data from situations where LEN advanced for three days, in 228 of 323 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day decline signify for LEN's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where LEN declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 7

How does the Aroon Indicator reflect on LEN's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 206 of 323 cases where LEN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

LEN Stock Lennar (LEN, $158.1) Moving Average Convergence Divergence (MACD) Histogram turned positive on May 3, 2024

Momentum Indicator for LEN turns positive, indicating new upward trend

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