LEGGETT & PLATT INC (LEG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:LEG - US5246601075 - Common Stock
Overall LEG gets a technical rating of 9 out of 10. Both in the recent history as in the last year, LEG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although LEG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.41
We found 4 important support areas.
- A support zone ranging from 10.85 to 11.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.42 from a trend line in the weekly time frame.
- A support zone ranging from 9.11 to 9.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @8.49 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 | UP | POSITIVE | The long term trend for LEG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LEG is up. |
| ChartMill Relative Strength | 88.78 | POSITIVE | LEG has a high relative strength, it outperformed 88.78% off all stocks 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) | UP | POSITIVE | The current price of LEG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.7 | OVERBOUGHT | The high RSI value suggests LEG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests LEG has a positive trend. |
| Stochastics (14,3) | 94.25 | OVERBOUGHT | The high Stochastics value suggests LEG may be overbought. |
| Average True Range in percent/ATR (20) | 2.67 | MEDIUM VOLATILITY | The ATR as a percentage value for LEG suggests some volalility. |
| Average Directional Index/ADX (14) | 31.24 | POSITIVE | The high ADX value value for LEG suggests a strong trend. |
12.31
+0.25 (+2.07%)
LEGGETT & PLATT INC / LEG FAQ
What is the technical rating for LEG stock?
ChartMill assigns a technical rating of 9 / 10 to LEG.
What is the current trend direction of LEGGETT & PLATT INC (LEG) stock?
The current trend direction for LEGGETT & PLATT INC (LEG) is Bullish.
Can you provide the RSI signal for LEGGETT & PLATT INC?
LEGGETT & PLATT INC (LEG) has an RSI value of 74.7007. This indicates that the stock is currently overbought.
Can you provide the MACD signal for LEGGETT & PLATT INC?
The MACD indicator for LEGGETT & PLATT INC (LEG) has a value of 0.0622113, indicating a bearish trend.
Can you provide the support and resistance levels for LEGGETT & PLATT INC?
LEGGETT & PLATT INC (LEG) has a support level at 11.03. Check the full technical report for our detailed analysis of LEG support and resistance levels.