|
|
S&P 500 Oversold StocksArchive - 8/21/2026 - Sign In to see current Signals. |
Leggett & Platt (LEG) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was the negative week for the Leggett & Platt (LEG). During the week, the LEG dropped -0.25 points, or -2.59%, and closed at 9.41 on Friday, August 21, 2026. LEG was trading at average weekly trading volume.
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 price is now at the 55.06% retracement level.
Medium-term trend: [See LEG medium-term trend chart] A medium-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 7 weeks. The chart has formed a Rising Channel chart pattern. The uptrend support line (12.31) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. LEG may retest the broken support line. It is considered to be a resistance 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 support in a medium-term trend.
Weekly Technical Indicators: [See LEG weekly technical indicators chart] Weekly Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold 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 below its signal line since July 31, 2026. 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 July 6, 2026 at 11.98 and reached 9.30 on August 10, 2026. LEG lost 2.68 points, or 22.37%, in 35 days. The chart has formed a Falling Channel chart pattern.
Daily Technical Indicators: [See LEG daily technical indicators chart] Daily Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with daily strongly oversold Williams' Percentage Range. 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 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 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish 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.
| |
|
|