FIRST TRUST INDXX INNOVATIVE (LEGR) Stock Technical Analysis
NASDAQ:LEGR - Nasdaq - US33741X2018 - ETF - Currency: USD
Overall LEGR gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LEGR is showing a nice and steady performance.
Warning: LEGR has an average volume of 6902 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, LEGR did better than 82% of all other stocks. We also observe that the gains produced by LEGR over the past year are nicely spread over this period.
LEGR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so LEGR is leading the market.
In the last month LEGR has a been trading in the 47.67 - 52.30 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Although LEGR has an excellent technical rating, it does not present a decent entry opportunity 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
43.23
52.83
When analyzing the support we can see 5 important areas.
- A support zone ranging from 48.64 to 49.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @46.81 from a horizontal line in the daily time frame.
- Support @46.02 from a horizontal line in the daily time frame.
- Support @45.18 from a trend line in the weekly time frame.
- Support @43.67 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 52.29 to 52.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.76
Mansfield0.76
10 Day High52.3
10 Day Low49.34
20 Day High52.3
20 Day Low47.67
52 Week High52.3
52 Week Low37.28
Performance
1 Week2.27%
2 Weeks5.35%
1 Month11.3%
3 Month5.1%
6 Month11.94%
12 Month19.22%
2 Year41.28%
3 Year39.39%
5 Year83.99%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.25
RSI(14)75.95
LBB48.5
UBB52.66
NASDAQ:LEGR (5/21/2025, 2:31:40 PM)
51.69
-0.61 (-1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.17%
1 Week2.27%
2 Weeks5.35%
1 Month11.3%
3 Month5.1%
6 Month11.94%
12 Month19.22%
2 Year41.28%
3 Year39.39%
5 Year83.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%1.07%
ATR Inc-12.69%
Range Today0.59
ADR(20)0.4
ADR(20)%0.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.76
Mansfield0.76
10 Day High52.3
10 Day Low49.34
20 Day High52.3
20 Day Low47.67
52 Week High52.3
52 Week Low37.28
CS1 End49.93
CR1 Start52.31
Volume & EV
DER(3)-2.06%
DER(5)-2.99%
Volume3.11K
Volume Incr-19.3%
Vol(5)3.68K
Vol(50)6.90K