LEGEND BIOTECH CORP-ADR (LEGN) Technical Analysis
NASDAQ:LEGN • US52490G1022
Current stock price
LEGN Technical Rating and Analysis
Taking everything into account, LEGN scores 1 out of 10 in our technical rating. LEGN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 90% of all other stocks performed better in the past year than LEGN.
- LEGN is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 72% are performing better than LEGN.
- LEGN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so LEGN is lagging the market.
- LEGN has an average volume of 2227230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month LEGN has a been trading in the 16.70 - 20.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
LEGN Weekly and Daily overview Charts
LEGN Setup Rating and Analysis
The technical rating of LEGN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
LEGN Support and Resistance Analysis
16.48
We found 2 important support areas.
- A support zone ranging from 18.15 to 18.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.65 to 16.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 19.00 to 19.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @20.27 from a horizontal line in the daily time frame.
- Resistance @32.91 from a trend line in the weekly time frame.
LEGN Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for LEGN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LEGN is neutral. |
| ChartMill Relative Strength | 10.34 | NEGATIVE | LEGN has a low relative strength, it was outperformed by 89.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LEGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of LEGN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LEGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.17 | NEUTRAL | The RSI value for LEGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests LEGN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.82 | OVERSOLD | The low Stochastics value suggests LEGN may be oversold. |
| Average True Range in percent/ATR (20) | 4.62 | MEDIUM VOLATILITY | The ATR as a percentage value for LEGN suggests some volalility. |
| Average Directional Index/ADX (14) | 12.46 | NEGATIVE | The low ADX value for LEGN suggests a weak or negative trend. |
LEGN Chart- and CandleStick Pattern Analysis
LEGN Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:LEGN (4/1/2026, 2:48:43 PM)
18.89
+0.8 (+4.42%)
LEGEND BIOTECH CORP-ADR / LEGN TA FAQ
What is the ChartMill technical rating of LEGEND BIOTECH CORP-ADR (LEGN) stock?
ChartMill assigns a technical rating of 1 / 10 to LEGN.
Can you provide the trend direction for LEGEND BIOTECH CORP-ADR?
The current trend direction for LEGEND BIOTECH CORP-ADR (LEGN) is Bearish.
What is the RSI signal for LEGN stock?
LEGEND BIOTECH CORP-ADR (LEGN) has an RSI value of 49.1717. This indicates that the stock is currently neutral.
Can you provide the MACD signal for LEGEND BIOTECH CORP-ADR?
The MACD indicator for LEGEND BIOTECH CORP-ADR (LEGN) has a value of -0.0417893, indicating a bearish trend.
Can you provide the short term momentum for LEGEND BIOTECH CORP-ADR?
The short term momentum for LEGEND BIOTECH CORP-ADR (LEGN) is neutral.