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Archive - 7/10/2026 - Sign In to see current Signals. |
Leggett & Platt (LEG) Technical Analysis
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| Summary:
| | Weekly : | | Daily :     Move cursor over the icon to see details.
| | It was the negative week for the Leggett & Platt (LEG). During the week, the LEG dropped -1.00 points, or -8.38%, and closed at 10.94 on Friday, July 10, 2026. It was the worst weekly loss since March 6, 2026. Weekly volume was 33% above average.
Long-term trend: [See LEG long-term trend chart] A long-term uptrend had started on April 16, 2025 at 6.48 and reached 13.00 on February 4, 2026. LEG gained -6.52 points, or -100.62%, in 42 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (12.20) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a long-term trend.
Medium-term trend: [See LEG medium-term trend chart] A medium-term downtrend had started on February 4, 2026 at 13.00 and reached 9.10 on May 18, 2026. LEG lost 3.90 points, or 30%, in 14 weeks. The chart has formed a Falling Wedge chart pattern. The trend support level is at 8.79 and resistance is at 11.37. A Falling Wedge is a triangle formation with a noticeable slant to the downside. It represents the loss of a downside momentum on each successive low and has a bullish bias. The Falling wedge usually marks a reversal in a downtrend. In an uptrend a falling wedge is considered to be a continuation pattern. Use the following link to access a Falling Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Wedge pattern in a medium-term trend.
Weekly Technical Indicators: [See LEG weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is above its signal line since June 18, 2026. The distance between MACD and the signal line is low, but getting bigger. Use the following link to access a MACD help.
Short-term trend: [See LEG short-term trend chart] A short-term uptrend had started on May 18, 2026 at 9.10 and reached 11.98 on July 6, 2026. LEG gained -2.88 points, or -31.65%, in 49 days. The chart has formed a Rising Channel chart pattern. The price is near the trend support (10.86) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a short-term trend.
Daily Technical Indicators: [See LEG daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal. During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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