|
|
Home Furnishings Industry Stocks Technical Analysis - LEGArchive - 7/24/2026 - 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 second consecutive positive week for the Leggett & Platt (LEG). During the week, the LEG gained 0.13 points, or 1.18%, and closed at 11.16 on Friday, July 24, 2026. Weekly volume was -22% below average.
Long-term trend: [See LEG long-term trend chart] A long-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 price is near the trend resistance line (11.22). The resistance is usually stronger when technical indicators are overbought. 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 resistance line in a long-term trend.
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 (11.34) 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 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. 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 downtrend had started on July 6, 2026 at 11.98 and reached 10.34 on July 23, 2026. LEG lost 1.64 points, or 13.69%, in 17 days. The chart has formed a Falling Wedge chart pattern.
Daily Technical Indicators: [See LEG daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is below its signal line since July 7, 2026. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak. 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. 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.
| |
|
|