LEG saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on June 10, 2022. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 52 instances where the indicator turned negative. In 37 of the 52 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 71%.
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 59 cases where LEG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
LEG moved below its 50-day moving average on June 27, 2022 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for LEG crossed bearishly below the 50-day moving average on June 17, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where LEG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for LEG entered a downward trend on June 28, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where LEG's RSI Indicator exited the oversold zone, of 37 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on July 01, 2022. You may want to consider a long position or call options on LEG as a result. In of 95 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where LEG advanced for three days, in of 326 cases, the price rose further within the following month. The odds of a continued upward trend are .
LEG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.813) is normal, around the industry mean (8.925). P/E Ratio (11.891) is within average values for comparable stocks, (20.017). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.150). Dividend Yield (0.048) settles around the average of (0.037) among similar stocks. P/S Ratio (0.918) is also within normal values, averaging (23.213).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. LEG’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. LEG’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 90, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of components for bedding, furniture, retail store fixtures and displays
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A.I.dvisor indicates that over the last year, LEG has been closely correlated with MHK. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if LEG jumps, then MHK could also see price increases.
|MHK - LEG|
|WHR - LEG|
|TPX - LEG|
|AMWD - LEG|
|SNBR - LEG|