LEGH slipped below its $21.77 – $27.23 range and came back to test the low on 28 Apr 2022.
A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.
On the chart, each candle is one trading day. The purple lines are the range the retest came from, and the green Retest label marks the day RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.
| Range | Started | Ended | Outcome | Retests |
|---|---|---|---|---|
| 13 Mar 2023 | Still open | — | — | |
| 27 Jul 2022 | 4 Apr 2023 · 8 mo | Broke above the range at $23.33 | — | |
| 24 Jan 2022 | 11 May 2022 · 4 mo | Broke below the range at $16.69 | 28 Apr 2022 | |
| 15 Dec 2021 | 10 Nov 2022 · 11 mo | Broke below the range at $16.13 | — |
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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.