LEGGETT & PLATT INC (LEG) Technical Analysis
NYSE:LEG • US5246601075
Current stock price
LEG Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to LEG. LEG has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- LEG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- LEG is part of the Household Durables industry. There are 60 other stocks in this industry. LEG outperforms 81% of them.
- LEG has an average volume of 1562400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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 60% of all stocks.
- LEG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LEG is lagging the market slightly.
LEG Weekly and Daily overview Charts
LEG Setup Rating and Analysis
LEG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 9.54, a Stop Loss order could be placed below this zone.
More info and screens
LEG Support and Resistance Analysis
9.37
We found 1 important support area.
- A support zone ranging from 9.46 to 9.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 10.06 to 10.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 12.59 to 12.75. This zone is formed by a combination of multiple trend lines in the weekly time frame.
LEG Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for LEG is down. |
| ChartMill Relative Strength | 60.74 | NEUTRAL | LEG is not amongst the best or worst performers 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) | UP | MIXED | The current price of LEG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.14 | NEUTRAL | The RSI value for LEG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests LEG has a positive trend. |
| Stochastics (14,3) | 33.87 | NEUTRAL | The Stochastics value for LEG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.62 | MEDIUM VOLATILITY | The ATR as a percentage value for LEG suggests some volalility. |
| Average Directional Index/ADX (14) | 31.03 | POSITIVE | The high ADX value value for LEG suggests a strong trend. |
LEG Chart- and CandleStick Pattern Analysis
LEG Technicals: Chart, Performance Metrics, Trend & Indicators
9.69
-0.15 (-1.52%)
LEGGETT & PLATT INC / LEG TA FAQ
What is the technical rating for LEG stock?
ChartMill assigns a technical rating of 1 / 10 to LEG.
What is the trend direction for LEG stock?
The current trend direction for LEGGETT & PLATT INC (LEG) is Bearish.
What is the RSI signal for LEG stock?
LEGGETT & PLATT INC (LEG) has an RSI value of 36.1407. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for LEGGETT & PLATT INC?
The buy/sell signal for LEGGETT & PLATT INC (LEG) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for LEGGETT & PLATT INC (LEG) stock?
LEGGETT & PLATT INC (LEG) has a support level at 9.54 and a resistance level at 10.06. Check the full technical report for our detailed analysis of LEG support and resistance levels.