Lennar Corporation (LEN)

Lennar Corporation is trading at $86.94, up 1.73% on the session. The 50 day average sits at $81.12 and the 200 day at $91.78, which puts the stock in a downtrend. RSI is at 59.8, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $82.74 with resistance near $86.35, so that band frames the current range. Average daily movement is roughly $3.07, or about 3.5% of the share price, which is what any stop placement has to allow for. The overall health score of 54 out of 100 combines a trend score of 27, momentum of 78 and a risk score of 62.

Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding South Central, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties. It also offers residential mortgage financing, title insurance, and closing services for home buyers and others, as well as originating and selling securitization commercial mortgage loans. In addition, the company is involved in fund investment activities. It primarily serves first-time, move-up, active adult, and luxury homebuyers. The company was founded in 1954 and is based in Miami, Florida.