Legacy Housing Stock Forward View - Price Action Indicator
| LEGH Stock | USD 21.04 0.14 0.66% |
Legacy Stock outlook is based on your current time horizon. We suggest always using this module together with an analysis of Legacy Housing's historical fundamentals, such as revenue growth or operating cash flow patterns.
As of 8th of February 2026 the relative strength index (rsi) of Legacy Housing's share price is below 20 . This indicates that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Quarterly Earnings Growth (0.45) | EPS Estimate Next Quarter 0.6433 | EPS Estimate Current Year 1.8567 | EPS Estimate Next Year 2.12 | Wall Street Target Price 25.6667 |
Using Legacy Housing hype-based prediction, you can estimate the value of Legacy Housing Corp from the perspective of Legacy Housing response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Legacy Housing using Legacy Housing's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Legacy using crowd psychology based on the activity and movement of Legacy Housing's stock price.
Legacy Housing Implied Volatility | 0.82 |
Legacy Housing's implied volatility exposes the market's sentiment of Legacy Housing Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Legacy Housing's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Legacy Housing stock will not fluctuate a lot when Legacy Housing's options are near their expiration.
Legacy Housing after-hype prediction price | USD 21.04 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Legacy Housing to cross-verify your projections. Prediction based on Rule 16 of the current Legacy contract
Based on the Rule 16, the options market is currently suggesting that Legacy Housing Corp will have an average daily up or down price movement of about 0.0513% per day over the life of the 2026-04-17 option contract. With Legacy Housing trading at USD 21.04, that is roughly USD 0.0108 . If you think that the market is fully incorporating Legacy Housing's daily price movement you should consider acquiring Legacy Housing Corp options at the current volatility level of 0.82%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-04-17 Legacy Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Legacy Housing's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Legacy Housing's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Legacy Housing stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Legacy Housing's open interest, investors have to compare it to Legacy Housing's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Legacy Housing is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Legacy. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Legacy Housing Additional Predictive Modules
Most predictive techniques to examine Legacy price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Legacy using various technical indicators. When you analyze Legacy charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Previous Price Action Indicator | Price Action Indicator | Trend |
| (0.13) | (0.12) |
| Check Legacy Housing Volatility | Backtest Legacy Housing | Information Ratio |
Legacy Housing Trading Date Momentum
| On February 08 2026 Legacy Housing Corp was traded for 21.04 at the closing time. The top price for the day was 21.46 and the lowest listed price was 20.71 . There was no trading activity during the period 0.0. Lack of trading volume on February 8, 2026 did not cause price change. The trading delta at closing time against the current closing price is 0.81% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Legacy Housing to competition |
Other Forecasting Options for Legacy Housing
For every potential investor in Legacy, whether a beginner or expert, Legacy Housing's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Legacy Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Legacy. Basic forecasting techniques help filter out the noise by identifying Legacy Housing's price trends.Legacy Housing Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Legacy Housing stock to make a market-neutral strategy. Peer analysis of Legacy Housing could also be used in its relative valuation, which is a method of valuing Legacy Housing by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Legacy Housing Market Strength Events
Market strength indicators help investors to evaluate how Legacy Housing stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Legacy Housing shares will generate the highest return on investment. By undertsting and applying Legacy Housing stock market strength indicators, traders can identify Legacy Housing Corp entry and exit signals to maximize returns.
Legacy Housing Risk Indicators
The analysis of Legacy Housing's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Legacy Housing's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting legacy stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.63 | |||
| Standard Deviation | 2.12 | |||
| Variance | 4.52 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Legacy Housing
The number of cover stories for Legacy Housing depends on current market conditions and Legacy Housing's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Legacy Housing is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Legacy Housing's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Latest Perspective From Macroaxis
Legacy Housing Short Properties
Legacy Housing's future price predictability will typically decrease when Legacy Housing's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Legacy Housing Corp often depends not only on the future outlook of the potential Legacy Housing's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Legacy Housing's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.8 M | |
| Cash And Short Term Investments | 1.1 M |
Check out Historical Fundamental Analysis of Legacy Housing to cross-verify your projections. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is there potential for Household Durables market expansion? Will Legacy introduce new products? Factors like these will boost the valuation of Legacy Housing. Expected growth trajectory for Legacy significantly influences the price investors are willing to assign. Understanding fair value requires weighing current performance against future potential. All the valuation information about Legacy Housing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.45) | Earnings Share 1.95 | Revenue Per Share | Quarterly Revenue Growth (0.09) | Return On Assets |
Investors evaluate Legacy Housing Corp using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Legacy Housing's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause Legacy Housing's market price to deviate significantly from intrinsic value.
Understanding that Legacy Housing's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Legacy Housing represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Legacy Housing's market price signifies the transaction level at which participants voluntarily complete trades.