Lennar B's 15min chart shows expanding Bollinger Bands and bullish Marubozu signal.

Based on the technical analysis of Lennar B's 15-minute chart, the recent price movement has triggered an upward expansion of Bollinger Bands, accompanied by a bullish Marubozu candlestick pattern on August 28, 2025 at 16:00. This suggests that the market trend is currently being driven by strong buying pressure, with buyers exerting control over the market and indicating a continuation of bullish momentum.

Lennar B (LEN.B) surged 5.8% intraday to $130.16 on August 22, 2025, reaching an intraday high of $130.98, driven by strong buying pressure and favorable technical indicators. The stock's rally was bolstered by Warren Buffett's Berkshire Hathaway unveiling a $780 million stake, signaling optimism in the housing market [1].

The 15-minute chart of Lennar B triggered a KDJ Golden Cross and a Bullish Marubozu pattern at 13:45 ET, indicating a significant shift in momentum as buyers dominated the short-term price action. The stock's surge aligns with broader homebuilder optimism, with D.R. Horton (DHI) gaining 5.4% on the same day [1].

Lennar B's technicals paint a bullish picture for aggressive longs. The stock is trading above its 200-day and 30-day moving averages, with RSI hovering in neutral territory and MACD crossing into positive territory. The upper Bollinger Band at $130.53 acts as a critical resistance level, which a break above could trigger a retest of the 52-week high at $177 [1].

The recent price movement has also seen an upward expansion of Bollinger Bands, accompanied by a bullish Marubozu candlestick pattern on August 28, 2025, at 16:00. This suggests that the market trend is currently being driven by strong buying pressure, with buyers exerting control over the market and indicating a continuation of bullish momentum [1].

Lennar B’s 5.8% rally suggests housing market optimism, driven by Warren Buffett’s $780 million stake and favorable technicals. The stock’s short-term trajectory hinges on breaking above $130.53 (Bollinger Band upper) and sustaining volume above 36,099 shares. Sector leader D.R. Horton’s 5.4% gain reinforces the broader trend. Aggressive bulls should target $130.53 as a key level, while cautious investors may wait for a pullback to the 200-day MA at $120.49 before entering [1].

In conclusion, while Lennar B may experience a short-term bounce following an intraday surge, the stock's ability to sustain long-term growth depends on the residential construction sector's performance and the company's strategic initiatives. Investors should remain cautious and consider the potential for consolidation in the stock's price before making investment decisions.

References:
[1] https://www.ainvest.com/news/lennar-surges-5-28-intraday-rally-housing-market-volatility-fueling-momentum-2508/