| Leggett & Platt designs and produces engineered components and products in homes and automobiles. Co.'s segments are: Residential Products, which supplies components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as producing private-label finished mattresses for bedding brands and retailers; Industrial Products, which supplies high-carbon drawn steel wire; Furniture Products, which supplies components used by home and work furniture manufacturers; and Specialized Products, which designs, manufactures and sells products including automotive seating components, tubing and fabricated assemblies, and hydraulic cylinders. |
When researching a stock like Leggett and Platt, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from LEG Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for LEG stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the LEG 200 day moving average ("LEG 200 DMA"), while one of the most popular "shorter look-backs" is the LEG 50 day moving average ("LEG 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Leggett and Platt.