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Lennar (Lennar) 14-Day RSI

: 41.77 (As of Today)
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The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30.

As of today (2024-04-16), Lennar's 14-Day RSI is 41.77.

The industry rank for Lennar's 14-Day RSI or its related term are showing as below:

LEN's 14-Day RSI is ranked better than
61.06% of 113 companies
in the Homebuilding & Construction industry
Industry Median: 45.8 vs LEN: 41.77

Competitive Comparison

For the Residential Construction subindustry, Lennar's 14-Day RSI, along with its competitors' market caps and 14-Day RSI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lennar 14-Day RSI Distribution

For the Homebuilding & Construction industry and Consumer Cyclical sector, Lennar's 14-Day RSI distribution charts can be found below:

* The bar in red indicates where Lennar's 14-Day RSI falls into.



Lennar  (NYSE:LEN) 14-Day RSI Calculation

The formula for calculating RSI is:

RSI=100[ 100 / ( 1 + Average Gain / Average Loss )]

* Note that the formula uses a positive value for the average loss.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lennar  (NYSE:LEN) 14-Day RSI Explanation

The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.

Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.

RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections.


Lennar 14-Day RSI Related Terms

Thank you for viewing the detailed overview of Lennar's 14-Day RSI provided by GuruFocus.com. Please click on the following links to see related term pages.


Lennar (Lennar) Business Description

Address
5505 Blue Lagoon Drive, Miami, FL, USA, 33126
Based on the number of delivered homes, Lennar is the second-largest public homebuilder in the United States, behind D.R. Horton. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily construction and has invested in numerous housing-related technology startups.
Executives
Amy Banse director 345 PARK AVENUE, SAN JOSE CA 95110
Dacona Smith director 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Serena Wolfe director ANNALY CAPITAL MANAGEMENT, INC., 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036
Jeffrey Joseph Mccall officer: Senior Vice President 26 TECHNOLOGY DRIVE, IRVINE CA 92618
Diane J Bessette officer: Vice President and Controller LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
David M Collins officer: Controller LENNAR CORPORATION, 700 NW 107 AVENUE STE 400, MIAMI FL 33172
Mark Sustana officer: General Counsel and Secretary LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
Jonathan M Jaffe director, officer: Vice President LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
Scott D Stowell director
Irving Bolotin director LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
Armando J Olivera director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Steven L Gerard director P.O. BOX 554, MILWAUKEE WI 53201-0554
Sherrill W Hudson director 201 SOUTH BISCAYNE BOULEVARD, 34TH FLOOR, MIAMI CENTER, MIAMI FL 33131
Jeffrey Sonnenfeld director 14 WALL ST 13TH FL, NEW YORK NY 10005
Theron I Gilliam director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084

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