Legacy Housing Corp Stock Pattern Recognition Evening Doji Star

LEGH Stock  USD 25.75  0.22  0.86%   
Legacy Housing pattern recognition tool provides the execution environment for running the Evening Doji Star recognition and other technical functions against Legacy Housing. Legacy Housing value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Evening Doji Star recognition function is designed to identify and follow existing trends. Legacy Housing momentum indicators are usually used to generate trading rules based on assumptions that Legacy Housing trends in prices tend to continue for long periods. Please specify Penetration to run this model.

The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was twelve with a total number of output elements of fourty-nine. The function did not return any valid pattern recognition events for the selected time horizon. The Evening Doji Star is Legacy Housing Corp three day bearish reversal pattern.

Legacy Housing Technical Analysis Modules

Most technical analysis of Legacy Housing help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Legacy from various momentum indicators to cycle 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.

About Legacy Housing Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Legacy Housing Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Legacy Housing Corp based on widely used predictive technical indicators. In general, we focus on analyzing Legacy Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Legacy Housing's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Legacy Housing's intrinsic value. In addition to deriving basic predictive indicators for Legacy Housing, we also check how macroeconomic factors affect Legacy Housing price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.05510.0359
Price To Sales Ratio3.251.86
Hype
Prediction
LowEstimatedHigh
23.9925.7227.45
Details
Intrinsic
Valuation
LowRealHigh
23.1828.1429.87
Details
Naive
Forecast
LowNextHigh
23.9725.7027.43
Details
4 Analysts
Consensus
LowTargetHigh
27.3030.0033.30
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Legacy Housing. Your research has to be compared to or analyzed against Legacy Housing's peers to derive any actionable benefits. When done correctly, Legacy Housing's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Legacy Housing Corp.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Legacy Housing in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Legacy Housing's short interest history, or implied volatility extrapolated from Legacy Housing options trading.

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When determining whether Legacy Housing Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Legacy Housing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Legacy Housing Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Legacy Housing Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Legacy Housing Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Legacy Housing. If investors know Legacy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. 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.
Earnings Share
2.18
Revenue Per Share
6.744
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0711
Return On Equity
0.1193
The market value of Legacy Housing Corp is measured differently than its book value, which is the value of Legacy that is recorded on the company's balance sheet. Investors also form their own opinion of Legacy Housing's value that differs from its market value or its book value, called intrinsic value, which is Legacy Housing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Legacy Housing's market value can be influenced by many factors that don't directly affect Legacy Housing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Legacy Housing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legacy Housing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legacy Housing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.