Technical Analysis for LEGH - Legacy Housing Corporation

Grade Last Price % Change Price Change
D 25.71 1.62% 0.41
LEGH closed up 0.4 percent on Wednesday, November 20, 2024, on 1.3 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down

Date Alert Name Type % Chg
Hammer Candlestick Bullish 1.62%
NR7 Range Contraction 1.62%
NR7-2 Range Contraction 1.62%
Stochastic Reached Oversold Weakness 1.62%
Oversold Stochastic Weakness 1.62%
NR7 Range Contraction 2.02%
Down 3 Days in a Row Weakness 2.02%
Down 4 Days in a Row Weakness 2.02%
Down 5 Days in a Row Weakness 2.02%
MACD Bearish Signal Line Cross Bearish 0.82%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 4 hours ago
Hammer Candlestick Entry about 5 hours ago
Rose Above Previous Day's High about 5 hours ago
Up 1% about 5 hours ago
Possible NR7 1 day ago

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Profile

Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses primarily in the southern United States. It manufactures and provides services for the transport of mobile homes; offers wholesale financing services to dealers and mobile home parks; and provides retail financing services to consumers. The company markets its homes under the Legacy brand name through a network of 117 independent and 11 company-owned retail locations, as well as direct sales to owners of manufactured home communities in 15 states in the United States. Its customers include young and working class families, as well as persons aged 55 and older. Legacy Housing Corporation was founded in 2005 and is headquartered in Bedford, Texas.
Classification

Sector: Consumer Cyclical
Industry: Residential Construction
Keywords: Merchandising Homebuilder Mobile Home

Is LEGH a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 29.305
52 Week Low 19.42
Average Volume 53,860
200-Day Moving Average 24.52
50-Day Moving Average 26.62
20-Day Moving Average 25.98
10-Day Moving Average 26.30
Average True Range 0.74
RSI (14) 41.52
ADX 17.02
+DI 15.91
-DI 25.70
Chandelier Exit (Long, 3 ATRs) 25.56
Chandelier Exit (Short, 3 ATRs) 27.02
Upper Bollinger Bands 27.64
Lower Bollinger Band 24.32
Percent B (%b) 0.3
BandWidth 12.81
MACD Line -0.20
MACD Signal Line -0.09
MACD Histogram -0.1119
Fundamentals Value
Market Cap 617.11 Million
Num Shares 24.4 Million
EPS 2.71
Price-to-Earnings (P/E) Ratio 9.34
Price-to-Sales 2.69
Price-to-Book 1.44
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 25.95
Resistance 3 (R3) 25.89 25.60 25.84
Resistance 2 (R2) 25.60 25.44 25.64 25.81
Resistance 1 (R1) 25.45 25.33 25.53 25.52 25.77
Pivot Point 25.17 25.17 25.21 25.20 25.17
Support 1 (S1) 25.02 25.00 25.09 25.08 24.83
Support 2 (S2) 24.73 24.90 24.77 24.79
Support 3 (S3) 24.58 24.73 24.76
Support 4 (S4) 24.65