LGI Homes, Inc. (LGIH)

LGI Homes, Inc. is trading at $41.73, down 2.43% on the session. The 50 day average sits at $50.75 and the 200 day at $50.47, which puts the stock in a uptrend. RSI is at 33.8, which reads as weak, and MACD is bearish crossover. Volume is above average.

The nearest support is around $39.66 with resistance near $45.44, so that band frames the current range. Average daily movement is roughly $2.41, or about 5.8% of the share price, which is what any stop placement has to allow for. The overall health score of 29 out of 100 combines a trend score of 30, momentum of 20 and a risk score of 38.

LGI Homes, Inc. engages in the design, construction, and sale of new homes in the United States. It markets and sells attached and detached entry-level homes and active adult offerings under the LGI Homes brand; and luxury homes under the Terrata Homes brand. The company also engages in the wholesale business, which includes building and selling homes to large institutions interested in acquiring single-family rental properties through bulk sales agreements. It operates in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia, Virginia, Pennsylvania, Maryland, and Utah. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas.