The Greedy Trader Weekly Analysis
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- 1/9/2026 -
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Leggett & Platt (LEG) Technical Analysis

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Summary:
Weekly :Overbought sectorBroken uptrend resistance line - uptrend exhaustionWilliams' Percentage Range is strongly overboughtBroken trend resistance line
Daily :Williams' Percentage Range and Lane's Stochastic are overboughtDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price is above the upper Bollinger Band
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It was a first positive week after 3 consecutive negative weeks for the Leggett & Platt (LEG). During the week, the LEG gained 1.32 points, or 12.01%, and closed at 12.31 on Friday, January 9, 2026. Weekly volume was -18% below average.

LEG is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See LEG long-term trend chart]
A long-term downtrend had started on May 10, 2021 at 59.16 and reached 6.48 on April 16, 2025. LEG lost 52.68 points, or 89.05%, in 205 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (2.20) 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 long-term trend.

Medium-term trend: [See LEG medium-term trend chart]
A medium-term uptrend had started on April 16, 2025 at 6.48 and reached 12.38 on January 9, 2026. LEG gained -5.90 points, or -91.05%, in 38 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (9.37) is broken, while daily and weekly technical indicators are overbought. Uptrend is exhausted and trend reversal is possible soon. 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 medium-term trend.

Weekly Technical Indicators: [See LEG weekly technical indicators chart]
Weekly Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought weekly overbought Williams' Percentage Range. 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 Williams' Percentage Range help.

The weekly MACD line is above its signal line since November 21, 2025. This is an indication that the medium-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current medium-term uptrend is strong. 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 December 24, 2025 at 10.73 and reached 12.38 on January 9, 2026. LEG gained -1.65 points, or -15.38%, in 16 days. Price is near the trend high.

Daily Technical Indicators: [See LEG daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Williams' Percentage Range and Lane's Stochastic. Use the following link to access Lane's Stochastic help.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.

The price has closed on Friday above the upper Bollinger Band. It is considered a bullish signal. 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 73.71
Williams' Percentage Range (W%R) 17.00
Overbought
Lane's Stochastic (%D-Slow) 87.45
Overbought
Greed/Fear Indicator (GFI) 81.40
Overbought
Moving Average Converg./Diverg. (MACD) 0.29
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 75.23
Williams' Percentage Range (W%R) 6.90
Strong Overbought
Lane's Stochastic (%D-Slow) 79.11
Greed/Fear Indicator (GFI) 78.73
Moving Average Converg./Diverg. (MACD) 0.19
Trading Signals
Description Value Chart
Price 12.31
Daily Stochastic Crossing 12.24
Upper Bollinger Band 12.07
Weekly Stochastic Crossing 11.60
20 Day Moving Average 11.34
Parabolic System 11.00
Lower Bollinger Band 10.46
50 Day Moving Average 10.40
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 8
Industry Home Furnishings 66
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 10.73
Low Date 12/24/2025
High 12.38
High Date 01/09/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 8.34
Low Date 10/14/2025
High 12.38
High Date 01/09/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 7.86
Low Date 08/04/2025
High 12.38
High Date 01/09/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 9.64
Support 9.37
Low 6.48
Low Date 04/16/2025
High 12.38
High Date 01/09/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 4.84
Support 2.20
High 59.16
High Date 05/10/2021
Low 6.48
Low Date 04/16/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.