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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.

LEGHNASDAQ
Consumer CyclicalResidential Construction
$27.52
$0.26(0.95%)
U.S. Market opens in 12h 45m

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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: 64.95)
Trend Strength:Very Strong (ADX: 42.17)
Volatility:Medium (ATR: 0.97)
Support/Resistance:$25.62 – $27.35 (Bollinger Bands)

Technical conditions suggest Legacy Housing Corporation on the NASDAQ is awaiting a decisive move. Technical conditions suggest Legacy Housing Corporation is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 64.95

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 69.18

Bullish
Buying momentum building without extremes.

Williams %R: -17.45

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 0.95

Neutral
Price change is minimal.

Takeaway:Legacy Housing Corporation shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.40

Bullish
Bullish, trend momentum is strengthening.

ADX: 42.17

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.97

Low
Low volatility, stable price action.

CCI (14): 175.19

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$27.35
Middle Band (SMA 20)
$26.48
Lower Band
$25.62
Current Position
Above Upper Band

Takeaway:Legacy Housing Corporation trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$28.37
Middle Line (EMA 20)
$26.42
Lower Channel
$24.47
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume1.55M
Money Flow Index60.80Bullish, inflows support continued momentum.
Relative Vigor Index57.47Neutral to Bullish, buyers hold a slight edge.

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

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Legacy Housing Corporation currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(NASDAQ: LEGH) Technical Analysis FAQ