The Greedy Trader Weekly Analysis
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- 2/27/2026 -
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Leggett & Platt (LEG) Technical Analysis

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Summary:
Weekly :Broken trend resistance lineBroken trend resistance line
Daily :Broken trend support linePrice has crossed below the 50 Day Moving Average
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It was the negative week for the Leggett & Platt (LEG). During the week, the LEG dropped -0.24 points, or -2.01%, and closed at 11.68 on Friday, February 27, 2026. Weekly volume was -31% below average.

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 (1.06) is broken. A broken support is considered to be a long-term bullish 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 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 13.00 on February 4, 2026. LEG gained -6.52 points, or -100.62%, in 42 weeks. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (9.87) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. 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 technical indicators are neutral.

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 low and getting smaller. It indicates that the current medium-term uptrend is getting weak. 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 October 14, 2025 at 8.34 and reached 13.00 on February 4, 2026. LEG gained -4.66 points, or -55.88%, in 113 days. The chart has formed a Rising Wedge chart pattern. The uptrend support line (12.53) 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 short-term trend.

Daily Technical Indicators: [See LEG daily technical indicators chart]
Daily technical indicators are neutral.

The daily MACD line is below its signal line since February 10, 2026. The distance between MACD and the signal line is low and getting smaller.

During the last week, the price 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.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 34.29
Williams' Percentage Range (W%R) 74.00
Lane's Stochastic (%D-Slow) 31.76
Greed/Fear Indicator (GFI) 30.69
Moving Average Converg./Diverg. (MACD) -0.01
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 64.88
Williams' Percentage Range (W%R) 29.00
Lane's Stochastic (%D-Slow) 64.44
Greed/Fear Indicator (GFI) 61.47
Moving Average Converg./Diverg. (MACD) 0.59
Trading Signals
Description Value Chart
Weekly Trendline Resistance 13.38
Upper Bollinger Band 12.87
Weekly Trendline Support 12.53
Parabolic System 12.42
Weekly Stochastic Crossing 12.13
20 Day Moving Average 12.05
50 Day Moving Average 11.84
Price 11.68
Daily Stochastic Crossing 11.62
Lower Bollinger Band 10.91
Quarterly Trendline Support 9.87
Quarterly Trendline Resistance 9.37
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 6
Industry Home Furnishings 61
Daily Trend
Description Value
Direction Down
Chart Pattern Symmetric Triangle
High 13.00
High Date 02/04/2026
Low 11.18
Low Date 02/12/2026
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Rising Wedge
Status Broken Support
Resistance 13.38
Support 12.53
Low 8.34
Low Date 10/14/2025
High 13.00
High Date 02/04/2026
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 7.86
Low Date 08/04/2025
High 13.00
High Date 02/04/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Broken Resistance
Resistance 9.37
Support 9.87
Low 6.48
Low Date 04/16/2025
High 13.00
High Date 02/04/2026
Description Value
Direction Down
Chart Pattern Falling Wedge
Status Broken Resistance
Resistance 3.34
Support 1.06
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.