REPORTING FOR 2019-11-08 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how LGIH has been trading over the last 2 weeks and the past day especially. On its latest session, LGI Homes, Inc. ($LGIH) opened at 74.43, reaching a high of 74.65 and a low of 70.55 before closing at a price of 70.92. There was a total volume of 423567.
VOLUME INDICATORS FOR LGI HOMES, INC. ($LGIH): We saw an accumulation-distribution index of 2757.06143, an on-balance volume of 74.65, chaikin money flow of 36.27273 and a force index of -1.5162. There was an ease of movement rating of 0.01728, a volume-price trend of -5.31928 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR LGI HOMES, INC. ($LGIH): We noted an average true range of 1.76109, bolinger bands of 71.12426, an upper bollinger band of 70.27574, lower bollinger band of 70.55, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 73.21, high band keltner channel of 72.99, low band keltner channel of 73.43, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 70.55, a donchian channel low band of 70.55, a donchian channel high band indicator of nan, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR LGI HOMES, INC. ($LGIH): We calculated a Moving Average Convergence Divergence (MACD) of 0.00673, a MACD signal of 0.00374, a MACD difference of 0.00299, a fast Exponential Moving Average (EMA) indicator of 70.55, a slow Exponential Moving Average (EMA) indicator of 70.55, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.56887, a trix of -8.11392, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 5.6826, a KST Oscillator (KST) of -74.5429 and a KST Oscillator (KST Signal) of -74.5429 (leaving a KST difference of 0.98383). We also found an Ichimoku rating of 74.54, an Ichimoku B rating of 74.54, a Ichimoku visual trend A of 78.84741, an Ichimoku visual trend B of 79.7516, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR LGI HOMES, INC. ($LGIH): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 51.20141, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -259.06752, a stochastic oscillator of 1863.63636, a stochastic oscillator signal of 1863.63636, a Williams %R rating of 1763.63636 and an awesome oscillator of 0.57317.
RETURNS FOR LGI HOMES, INC. ($LGIH): There was a daily return of -7.45429, a daily log return of 0.42433 and a cumulative return of 0.42523.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-08 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for LGI Homes, Inc. ($LGIH)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling LGI Homes, Inc. ($LGIH) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.