LEN Faces Resistance as EMAs Turn Bearish

Lennar Corp (LEN) closed down 0.19% at $104.90 on December 27.

Technical indicators paint a bearish picture:

• Moving Averages: Price sits below both the 9-day ($109.29) and 21-day ($114.73) EMAs, suggesting short-term weakness.
• Momentum: RSI at 35.8 is in neutral territory but trending lower. MACD is bearish (-4.94 vs signal -3.30).
• Volatility: Bollinger Band width at 31.1% indicates normal volatility.

Key levels to watch: Support at $99.59, Resistance at $136.31.