EN
Takip Edin: @UscMarketsLEN Stock Forecast & Lennar Corporation Chart Analysis
This article provides a detailed analysis of LEN-Lennar Corporation stock including a forecast for LEN shares. It features Lennar Corporation technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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LEN Historical Data Review
LEN Current Price Performance Analysis
The Lennar Corporation - LEN stock traded on the American stock market, on 06-05-2024, closed at 159.37$ with a %1.05 increased compared to the previous day.
In the last month, the price of LEN changed by %-1.03 decreased in value, from 161.03 dollars on 05-06-2024 to 159.37 dollars, decreased.
Last year, the price of LEN was 116.0 dollars on 06-06-2023, and changed by %37.39 increased in value, to 159.37 dollars increased within a year.
The price of Lennar Corporation stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
LEN with AI Stock Forecast & Price Target
On the LEN chart Lennar Corporation price was recorded as 159.37 Dollars on 06/05/2024.
The artificial intelligence's forecast on LEN stock is as follows.
The artificial intelligence's prediction error margin for LEN stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Lennar Corporation stock over the next 4 months is: 184.5 Dollars.
The commentary on LEN stock Target Price: Highest: 203.485 Dollars is predicted.
The commentary on LEN stock Target Price: Lowest: 164.457 Dollars is predicted.
Resistance Price where Lennar Corporation stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-05-2024 | 182.437 |
| 10-23-2024 | 193.539 |
| 12-12-2024 | 203.485 |
Support Price where Lennar Corporation stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-19-2024 | 164.457 |
| 10-28-2024 | 193.532 |
| 03-17-2025 | 175.641 |
The commentary on LEN stock: Fluctuations in the target price can be expected in the coming days.
The target price for Lennar Corporation stock by the end of 2024 is predicted to be 198.169 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on LEN stock, and the 2024 target price predictions for Lennar Corporation are detailed above.
The technical analysis and charts for the commentary on LEN stock are below.
LEN Support & Resistance and Trend Analysis
LEN stock you have reviewed the technical analysis support resistance charts regarding.
LEN : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the LEN review, the Lennar Corporation support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Lennar Corporation Support and Resistance Prices:
| LEN Support Level Price | LEN Resistance Level Price |
|---|---|
| 125.17 | 131.67 |
| 143.73 | 155.71 |
| 144.77 | 156.01 |
| 148.78 | 158.36 |
| 148.81 | 163.72 |
| 148.85 | 165.95 |
| 151.52 | 167.49 |
| 151.90 | 171.27 |
| 156.11 | 172.59 |
LEN Technical Analysis: SMA, RSI, MACD
Upon reviewing the LEN chart, buy and sell signals have been generated in the Lennar Corporation technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for LEN stock are as follows:- The technical analysis for LEN indicates that the 14-period RSI has most recently generated a 'Sell' signal.
- The technical analysis for Lennar Corporation indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Sell' signal.
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Lennar Corporation stock: Click here to read more predictions on Constellation Energy Corporation stock.
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