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Leggett & Platt Bullish Moving Average Crossover Alert (LEG)

By James Quinn

Today, shares of Leggett & Platt (NYSE:LEG) have advanced above their 10-day MA of $52.82 on a volume of 191K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Leggett & Platt share prices have moved between a 52-week high of $54.97 and a 52-week low of $44.02 and are now trading 20% above that low price at $53.04 per share. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.9%.

SmarTrend is tracking the current trend status for Leggett & Platt and will alert subscribers who have LEG in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses leggett & platt

Ticker(s): LEG