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Shares of LEG Down 10.8% Since Downtrend Call on Shares

By Nick Russo

SmarTrend identified a Downtrend for Leggett & Platt (NYSE:LEG) on March 14th, 2019 at $43.05. In approximately 2 months, Leggett & Platt has returned 10.85% as of today's recent price of $38.38.

In the past 52 weeks, shares of Leggett & Platt have traded between a low of $33.48 and a high of $46.71 and are now at $38.38, which is 15% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.2% while the 200-day MA has slid 0.2%.

Leggett & Platt, Incorporated manufactures a wide range of engineered products. The Company's products include components for bedding, furniture, and other residential furnishings, as well as office and institutional furnishings components, retail store fixtures, and displays, specialty wire products, and automotive seating suspension and lumbar systems.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Leggett & Platt.

Log in and add Leggett & Platt (LEG) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights leggett & platt

Ticker(s): LEG