|
|
|
|
S&P 500 Oversold StocksArchive - 4/2/2026 - 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 positive week after 4 consecutive negative weeks for the Leggett & Platt (LEG). During the week, the LEG gained 0.11 points, or 1.15%, and closed at 9.69 on Thursday, April 2, 2026. It was the best weekly gain since February 20, 2026. Weekly volume was -30% below average. LEG is a member of Home Furnishings Industry. Home Furnishings is the eighth most oversold industry. 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 (0.23) 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 August 4, 2025 at 7.86 and reached 13.00 on February 4, 2026. LEG gained -5.14 points, or -65.39%, in 26 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The price is near the trend support (9.46) line. The support is usually stronger when technical indicators are oversold. 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 support line in a medium-term trend.
Weekly Technical Indicators: [See LEG weekly technical indicators chart] Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. 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 Lane's Stochastic help. The weekly MACD line is below its signal line since March 6, 2026. The distance between MACD and the signal line is relatively high and getting bigger. 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 February 4, 2026 at 13.00 and reached 9.37 on April 2, 2026. LEG lost 3.63 points, or 27.92%, in 57 days. The chart has formed a Falling Channel chart pattern. The trend support level is at 8.86 and resistance is at 10.12. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a short-term trend.
Daily Technical Indicators: [See LEG daily technical indicators chart] Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range. Daily Relative Strength Index and Lane's Stochastic have bullish divergence. Use the following links to access the Relative Strength Index and Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with daily Relative Strength Index and Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. Use the following links to access Relative Strength Index and Williams' Percentage Range help. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Consumer Discretionary |
4 |
| Industry |
Home Furnishings |
8 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
10.34 |
| High Date |
03/25/2026 |
| Low |
9.37 |
| Low Date |
04/02/2026 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Channel |
| Status |
Valid |
| Resistance |
10.12 |
| Support |
8.86 |
| High |
13.00 |
| High Date |
02/04/2026 |
| Low |
9.37 |
| Low Date |
04/02/2026 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Test Support |
| Resistance |
14.03 |
| Support |
9.46 |
| Low |
7.86 |
| Low Date |
08/04/2025 |
| High |
13.00 |
| High Date |
02/04/2026 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| 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 |
2.25 |
| Support |
0.23 |
| High |
59.16 |
| High Date |
05/10/2021 |
| Low |
6.48 |
| Low Date |
04/16/2025 |
|
|