LEGGETT & PLATT INC (LEG) Stock Technical Analysis
NYSE:LEG - New York Stock Exchange, Inc. - US5246601075 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to LEG. In the past year, LEG was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
LEG is part of the Household Durables industry. There are 64 other stocks in this industry. LEG outperforms 73% of them.
In the last month LEG has a been trading in the 8.57 - 10.02 range, which is quite wide. It is currently trading near the high of this range.
LEG has an average volume of 2817230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, LEG turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
LEG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so LEG is lagging the market.
Volume is considerably higher in the last couple of days.
LEG has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
8.82
9.83
When analyzing the support we notice one important area.
- A support zone ranging from 8.91 to 9.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.64 to 9.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for LEG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LEG is neutral. |
| ChartMill Relative Strength | 55.54 | NEUTRAL | LEG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LEG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LEG is above the rising 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) | 58.77 | 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) | 40.61 | NEUTRAL | The Stochastics value for LEG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for LEG suggests some volalility. |
| Average Directional Index/ADX (14) | 14.71 | NEGATIVE | The low ADX value for LEG suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
9.63
+0.71 (+7.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg7.96%
1 Week3.1%
2 Weeks2.23%
1 Month10.31%
3 Month33.94%
6 Month2.88%
12 Month-11.57%
2 Year-67.09%
3 Year-75.71%
5 Year-75.98%
10 Year-79.86%
15 Year-53.79%
Volatility
ATR(14)0.36
ATR(20)%3.6%
ATR Inc172.76%
Range Today1.23
ADR(20)0.33
ADR(20)%3.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.54
Mansfield-1.53
10 Day High10.02
10 Day Low8.79
20 Day High10.02
20 Day Low8.57
52 Week High14.23
52 Week Low6.48
CS1 End9.23
CR1 Start9.31
Volume & EV
DER(3)2.28%
DER(5)1.15%
Volume2.93M
Volume Incr238.36%
Vol(5)6.51M
Vol(50)2.82M