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Bearish Two Hundred Day Moving Average Cross - LEN

By Market News Video Staff, Monday, June 6, 5:00 PM ET
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In trading on Monday, shares of Lennar Corp. (NYSE:LEN) crossed below their 200 day moving average of $17.52, changing hands as low as $17.41 per share. Lennar Corp. shares are currently trading off about 3% on the day. The chart below shows the one year performance of LEN shares, versus its 200 day moving average:

Lennar Corp. 200 Day Moving Average Chart

Looking at the chart above, LEN's low point in its 52 week range is $11.93 per share, with $21.54 as the 52 week high point — that compares with a last trade of $17.44.

According to the ETF Finder at ETF Channel, LEN makes up 6.96% of the iShares Dow Jones U.S. Home Construction Index Fund ETF (AMEX:ITB) which is trading lower by about 2.1% on the day Monday.

     See what other ETFs contain LEN »
     See what other stocks are held by ITB »

LEN operates in the General Contractors & Builders sector, among companies like Comstock HomeBuilding Cos Inc (NASDAQ:CHCI) which is down about 4.8% today, and Nobility Homes, Inc. (NASDAQ:NOBH) trading higher by about 0.9%. Below is a three month price history chart comparing the stock performance of LEN, versus CHCI and NOBH.

LEN,CHCI,NOBH Relative Performance Chart


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This Article's Word Cloud:   According   Average   Below   Builders   CHCI   Channel   Corp   ETFs   Investment   Lennar   Monday   Moving   NASDAQ   NOBH   Portfolio   about   allows   among   asset   average   below   bonds   chart   companies   completely   currently   designed   growth   hands   history   moving   operates   other   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   what   which   with
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