LEGGETT & PLATT INC (LEG) Stock Technical Analysis
USA - NYSE:LEG - US5246601075 - Common Stock
Taking everything into account, LEG scores 0 out of 10 in our technical rating. LEG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
LEG has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 8.88, a Stop Loss order could be placed below this zone.
More info and screens
7.99
2 important support areas can be observed.
- A support zone ranging from 8.72 to 8.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.07 to 8.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 8.96 to 9.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.35 to 9.42. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @10.45 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for LEG is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LEG is neutral. |
| ChartMill Relative Strength | 22.47 | NEGATIVE | LEG has a low relative strength, it was outperformed by 77.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LEG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LEG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LEG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.5 | NEUTRAL | The RSI value for LEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests LEG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.22 | NEUTRAL | The Stochastics value for LEG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.99 | MEDIUM VOLATILITY | The ATR as a percentage value for LEG suggests some volalility. |
| Average Directional Index/ADX (14) | 12.12 | NEGATIVE | The low ADX value for LEG suggests a weak or negative trend. |
8.9
+0.04 (+0.45%)
LEGGETT & PLATT INC / LEG FAQ
What is the technical rating for LEG stock?
ChartMill assigns a technical rating of 0 / 10 to LEG.
Can you provide the trend direction for LEGGETT & PLATT INC?
The current trend direction for LEGGETT & PLATT INC (LEG) is Bearish.
Can you provide the RSI signal for LEGGETT & PLATT INC?
LEGGETT & PLATT INC (LEG) has an RSI value of 47.4955. This indicates that the stock is currently neutral.
What is the MACD signal for LEG stock?
The MACD indicator for LEGGETT & PLATT INC (LEG) has a value of -0.0200795, indicating a bearish trend.