LEN Stalls at $104.90 Amid Bearish EMAs
BearishLennar Corp (LEN) closed down 0.19% at $104.90 on December 29.
Technical indicators paint a bearish picture:
Moving Averages
Price sits below both the 9-day ($109.29) and 21-day ($114.54) EMAs, suggesting short-term weakness.
Momentum
RSI at 36.1 is in neutral territory but trending lower. MACD is bearish (-4.94 vs signal -3.30).