|
|
Home Furnishings Industry Stocks Technical Analysis - LEGArchive
- 6/12/2026 -
Sign In to see current Signals. |
Leggett & Platt (LEG) Technical Analysis
|
 |
| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was a first positive week for the Leggett & Platt (LEG). During the week, the LEG gained 0.59 points, or 5.89%, and closed at 10.60 on Friday, June 12, 2026. Weekly volume was 29% 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 (11.86) 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 Channel chart pattern. The trend support level is at 8.89 and resistance is at 11.97. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel 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 below its signal line since March 6, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
 Short-term trend: [See LEG short-term trend chart]
A short-term downtrend had started on April 17, 2026 at 12.24 and reached 9.10 on May 18, 2026. LEG lost 3.14 points, or 25.65%, in 31 days. The chart has formed a Symmetric Triangle chart pattern. The downtrend resistance line (9.98) is broken. Usually a broken resistance is considered to be a long-term bullish signal, but since daily indicators are overbought a short-term pull back is possible. LEG may retest the broken resistance line. It is considered to be a support line now. 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 resistance line in a short-term trend.
 Daily Technical Indicators: [See LEG daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. Daily Lane's Stochastic has bearish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Lane's Stochastic bearish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading 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 links to access Lane's Stochastic and Williams' Percentage Range help.
The daily MACD line is above its signal line since May 22, 2026.
During the last week, the price has moved above 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.
During the last week, the 20 Day Moving Average has crossed below the 50 Day Moving Average. Such crossover is considered a bearish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
| |
|
|