Leggett & Platt, Incorporated (LEG)

Leggett & Platt, Incorporated is trading at $9.55, down 0.11% on the session. The 50 day average sits at $10.66 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 40.2, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $9.64 with resistance near $10.48, so that band frames the current range. Average daily movement is roughly $0.40, or about 4.2% of the share price, which is what any stop placement has to allow for. The overall health score of 36 out of 100 combines a trend score of 32, momentum of 20 and a risk score of 64.

Leggett & Platt, Incorporated, together with its subsidiaries, designs, manufactures, and sells engineered components and products in the United States, Europe, China, Canada, Mexico, and internationally. The company offers steel rod, drawn wire, innersprings, specialty foam chemicals and additives, for use in bedding and furniture, semi-finished mattresses, private label finished mattresses, pillows and toppers, static foundations, and adjustable beds to industrial users of steel rod and wire, manufacturers of finished bedding, bedding brands and mattress retailers, e-commerce retailers, big box retailers, department stores, and home improvement centers. It also provides mechanical and pneumatic lumbar support and massage systems for automotive seating, seat suspension systems, motors and actuators, and cables; and engineered hydraulic cylinders to automobile original equipment manufacturers (OEMs) and suppliers, aerospace OEMs and suppliers, and mobile equipment OEMs. In addition, the company offers steel mechanisms and motion hardware; springs and seat suspensions; components and private label finished goods for soft seating; bases, columns, back rests, casters, and frames for office chairs and control devices; and carpet cushion and hard surface flooring underlayment, structural fabrics, and geo components for manufacturers of upholstered and office furniture, flooring retailers and distributors, contractors, landscapers, road construction companies, retailers, government agencies, mattress and furniture producers, and manufacturers of draperies, specialty packaging, filtration, and automotive upholstery. Leggett & Platt, Incorporated was founded in 1883 and is based in Carthage, Missouri.