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Home Furnishings Industry Stocks Technical Analysis - LEGArchive - 2/6/2026 - Sign In to see current Signals. |
Leggett & Platt (LEG) Technical Analysis
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| 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 1.22 points, or 10.45%, and closed at 12.89 on Friday, February 6, 2026. Weekly volume was -10% 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 (1.54) 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 (9.66) 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 Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly 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 links to access Lane's Stochastic and 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 January 29, 2026 at 11.55 and reached 13.00 on February 4, 2026. LEG gained -1.45 points, or -12.55%, in 6 days. The price is now at the 7.59% retracement level.
Daily Technical Indicators: [See LEG daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. 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.
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