LEGACY HOUSING CORP (LEGH) Stock Technical Analysis
NASDAQ:LEGH - Nasdaq - US52472M1018 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to LEGH. LEGH 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.
LEGH is part of the Household Durables industry. There are 64 other stocks in this industry. LEGH outperforms 84% of them.
In the last month LEGH has a been trading in the 22.47 - 25.52 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, LEGH outperforms 63% of them, which is more or less in line with the market.
LEGH is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Although the technical rating is bad, LEGH does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 25.01, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
22.12
28.79
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.65 to 25.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.70 from a trend line in the weekly time frame.
- A support zone ranging from 22.34 to 22.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @27.61 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 28.23 to 28.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.1
Mansfield-0.05
10 Day High25.53
10 Day Low23.67
20 Day High25.53
20 Day Low22.47
52 Week High29.31
52 Week Low21.67
Performance
1 Week2.85%
2 Weeks5.22%
1 Month3.57%
3 Month-5.8%
6 Month-9.11%
12 Month7.2%
2 Year31.8%
3 Year60.25%
5 Year92.89%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.14
RSI(14)55.44
LBB23.73
UBB25.24
25.095
-0.12 (-0.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg-0.5%
1 Week2.85%
2 Weeks5.22%
1 Month3.57%
3 Month-5.8%
6 Month-9.11%
12 Month7.2%
2 Year31.8%
3 Year60.25%
5 Year92.89%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.71
ATR(20)%4.16%
ATR Inc5.33%
Range Today0.63
ADR(20)1.03
ADR(20)%4.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.1
Mansfield-0.05
10 Day High25.53
10 Day Low23.67
20 Day High25.53
20 Day Low22.47
52 Week High29.31
52 Week Low21.67
CS1 End25.01
CR1 Start27.61
Volume & EV
DER(3)-0.71%
DER(5)-1.59%
Volume41.60K
Volume Incr-29.53%
Vol(5)52.92K
Vol(50)77.89K