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Legacy Housing Corporation

LEGH Technical Analysis Summary (NASDAQ)

Analyze LEGH on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

LEGH●NASDAQ
Consumer CyclicalResidential Construction
$28.63
$0.07(0.25%)
U.S. Market opens in 63h 29m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

LEGH Technical Analysis Summary (NASDAQ)

Legacy Housing Corporation (NASDAQ: LEGH) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 60.24)
Trend Strength:Very Strong (ADX: 41.80)
Volatility:Medium (ATR: 1.07)
Support/Resistance:$25.70 – $30.20 (Bollinger Bands)

Technical conditions suggest Legacy Housing Corporation on the NASDAQ is awaiting a decisive move. This mix signals that Legacy Housing Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 60.24

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 48.79

Neutral
Mid-range signal with no clear trend.

Williams %R: -51.27

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 9.37

Strongly Bullish
Strong upside momentum.

Takeaway:Legacy Housing Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.68

Bullish
Bullish, trend momentum is strengthening.

ADX: 41.80

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 1.07

Low
Low volatility, stable price action.

CCI (14): -13.27

Neutral
Neutral, no strong directional signal.

Takeaway:Legacy Housing Corporation shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$30.20
Middle Band (SMA 20)
$27.95
Lower Band
$25.70
Current Position
Within Bands

Takeaway:Legacy Housing Corporation trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$30.20
Middle Line (EMA 20)
$28.07
Lower Channel
$25.94
Squeeze Status
No Squeeze

Takeaway:Legacy Housing Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume2.29M
Money Flow Index64.20Bullish, inflows support continued momentum.
Relative Vigor Index63.70Bullish, price momentum strongly favors buyers.

Overall Takeaway:LEGH shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Legacy Housing Corporation (NASDAQ: LEGH), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Legacy Housing Corporation are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: LEGH) Technical Analysis FAQ