Overall LEGR gets a technical rating of 8 out of 10. In the last year, LEGR was one of the better performers, but we do observe some doubts in the very recent evolution.
- Warning: LEGR has an average volume of 6015 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, LEGR did better than 76% of all other stocks. On top of that, LEGR also shows a nice and consistent pattern of rising prices.
- LEGR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month LEGR has a been trading in the 59.34 - 63.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although LEGR has an excellent technical rating, it does not offer a high 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
46.59
3 important support areas can be observed.
- A support zone ranging from 59.21 to 59.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 55.42 to 56.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @47.06 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 61.68 to 62.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for LEGR is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LEGR is neutral. |
| ChartMill Relative Strength | 76.49 | POSITIVE | LEGR has a high relative strength, it outperformed 76.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LEGR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LEGR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LEGR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.44 | NEUTRAL | The RSI value for LEGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests LEGR has a negative trend. |
| Stochastics (14,3) | 53.66 | NEUTRAL | The Stochastics value for LEGR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.21 | LOW VOLATILITY | The low ATR as a percentage value for LEGR suggests low volalility. |
| Average Directional Index/ADX (14) | 18.37 | NEGATIVE | The low ADX value for LEGR suggests a weak or negative trend. |
NASDAQ:LEGR (2/5/2026, 4:30:02 PM)
60.6659
-0.62 (-1.01%)
FIRST TRUST INDXX INNOVATIVE / LEGR FAQ
What is the technical rating for LEGR stock?
ChartMill assigns a technical rating of 8 / 10 to LEGR.
What is the current trend direction of FIRST TRUST INDXX INNOVATIVE (LEGR) stock?
The current trend direction for FIRST TRUST INDXX INNOVATIVE (LEGR) is Bullish.
What is the RSI signal for FIRST TRUST INDXX INNOVATIVE (LEGR) stock?
FIRST TRUST INDXX INNOVATIVE (LEGR) has an RSI value of 45.4437. This indicates that the stock is currently neutral.
Can you provide the MACD signal for FIRST TRUST INDXX INNOVATIVE?
The MACD indicator for FIRST TRUST INDXX INNOVATIVE (LEGR) has a value of -0.214244, indicating a bearish trend.
Can you provide the support and resistance levels for FIRST TRUST INDXX INNOVATIVE?
FIRST TRUST INDXX INNOVATIVE (LEGR) has a support level at 59.96 and a resistance level at 61.68. Check the full technical report for our detailed analysis of LEGR support and resistance levels.