LEGH Stock Price Prediction

Legacy Housing Corp

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22.520

+0.040(+0.180%)

Overview
Forecast
Valuation
Earnings

Should I Buy Legacy Housing Corp Stock?

Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. LEGH has several positive signals and is within a rising trend, so we believe it will perform strongly in the next couple of days or weeks. We therefore hold a positive evaluation of this stock. Our analysis conclusion for this stock is a Strong Buy candidate.

LEGH stock price ended at $22.52 on Tuesday, after rising 0.18%

The Legacy Housing Corp stock price increased by 0.18% on the last trading day (27 May 2025), rising from 22.73 to 22.52. Throughout the last trading session, the stock experienced a fluctuation of 2.58% , ranging from a day low of $22.325 to a day high of 22.9. The price has declined in 5 of the last 10 days, resulting in a total change of -12.48% during this period. On the last day, trading volume increase by -17.67K shares, with the rising prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 52.03K shares were traded, amounting to approximately 1.18M.

LEGH Technical Signals

LEGH(Legacy Housing Corp Corp) has 4 buy signals and 3 sell signals now. The current trend is consolidation starting from 2025-05-01. The total price change during this trend is -7.33%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of LEGH over the last 5 trading days is 1.53M. Overall, the technical indicator signals lean more toward a Neutral outlook in the mid-term.

LEGH Moving Average Analysis

Legacy Housing Corp's overall moving average trend leans more bearish as of Wednesday, May 28, 2025, with 4 negative signals and 0 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $25.297106666666664, and $26.473666666666663. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $21.490226666666665, and $20.313666666666666. A break-down below any of these levels will issue sell signals.

LEGH Short Selling Analysis

The short sale ratio of Legacy Housing Corp(LEGH) as of 23 May 2025 is 9.29%, dropping from last trading day. With decreasing price from 22.40 to 22.48. The short sell activity indicate that short sellers may be experiencing short cover.

Technical Signal

Technical Signals Summary

Neutral

Sell

Buy

Moving Average

Swing

Negative

Stock Price Below SMA_5

Short Term

Negative

SMA_5 Below SMA_20

Mid Term

Negative

SMA_20 Below SMA_60

Long Term

Negative

SMA_60 Below SMA_200

Short Selling

Close Price

Short Sale Ratio

Short Sale Volume

4 Bullish Signals

When Value satisfies Signal, Indicator signals Bullish

Indicators

Signal

Value

Meaning

Stochastic Oscillator %K (14, 3, 3)

STOCHk_14_3_3 < 20

9.115

Bullish

Commodity Channel Index (20 days, 0.015 constant)

CCI_20_0.015 < -100

-103.471

Bullish

Stochastic RSI %K (14, 14, 3, 3)

STOCHRSIk_14_14_3_3 < 20

3.25

Bullish

Williams %R (14 days)

WILLR_14 < -80

-89.82

Bullish

3 Bearish Signals

When Value satisfies Signal, Indicator signals Bearish

Indicators

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 < 0

-1.303

Bearish

Momentum (10 days)

MOM_10 < 0

-3.21

Bearish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 < 0

-0.55

Bearish

LEGH Price Prediction & Forecast by Similar Chart Analysis

Based on historical patterns and backtesting of stocks with similar movements to Legacy Housing Corp(LEGH), our algorithm predicts LEGH's 1-month price at $25.78, with an 9.25%upwardshift. Using a similarity score up to 91.84%and other factors, This forecast updates weekly, adjusting for significant deviations.

Similar Chart

The price prediction chart for Legacy Housing Corp (LEGH.O) stock, as of Sunday, May 18, 2025 , forecasts a 9.25% change over the next month, based on its high correlation with STN.N stock patterns. The similarity between their price movements over the analyzed periods is 91.84%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.

LEGH

Future prediction

Up: 9.25%

STN

Up: 9.25%Similarity: 91.84%

Name

Similarity

Up/Down

STN.N

91.84%

+9.25%

FRT.N

91.35%

-9.02%

RDNT.O

90.57%

-4.03%

HVT.A.N

90.37%

-1.88%

ACN.N

90.32%

+4.89%

LEGH Seasonality Analysis

Based on LEGH's historical stock price data across all years, the probability of a positive return in May is57.14%, suggesting it maybe an ideal month to invest in LEGH. In contrast,Julyoffers the highest probability of positive returns at83.33%, making it a potentially strong month for investment.

However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.

Monthly Seasonality

The radar chart shows that buying Legacy Housing Corp (LEGH.O) stock in July has the highest probability of a positive return (83.33%), while October has the lowest probability (16.67%).

Performance Seasonality

The chart shows Legacy Housing Corp. (LEGH)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.