
USA - NASDAQ:LEGR - US33741X2018 - ETF
Overall LEGR gets a technical rating of 10 out of 10. Both in the recent history as in the last year, LEGR has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although LEGR has an excellent technical rating, the quality of the presented setup is not ideal 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.
45.66
We found 4 important support areas.
We found 1 important resistance area.
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 | UP | POSITIVE | The short term trend for LEGR is up. |
| ChartMill Relative Strength | 76.88 | POSITIVE | LEGR has a high relative strength, it outperformed 76.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LEGR is above the rising 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) | 67.91 | NEUTRAL | The RSI value for LEGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests LEGR has a positive trend. |
| Stochastics (14,3) | 90.34 | OVERBOUGHT | The high Stochastics value suggests LEGR may be overbought. |
| Average True Range in percent/ATR (20) | 0.97 | LOW VOLATILITY | The low ATR as a percentage value for LEGR suggests low volalility. |
| Average Directional Index/ADX (14) | 14.05 | NEGATIVE | The low ADX value for LEGR suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 58.34 | 56.19 | 2.15 (3.69%) | 25.00% |
| An entry @58.34. This is a Buy Stop order right above the resistance zone. | An exit @56.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.15 points, which is 3.69%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.92%. |
NASDAQ:LEGR (10/24/2025, 8:00:02 PM)
58.3205
+0.49 (+0.84%)
ChartMill assigns a technical rating of 10 / 10 to LEGR.
The current trend direction for FIRST TRUST INDXX INNOVATIVE (LEGR) is Bullish.
FIRST TRUST INDXX INNOVATIVE (LEGR) has an RSI value of 67.9057. This indicates that the stock is currently neutral.
The buy/sell signal for FIRST TRUST INDXX INNOVATIVE (LEGR) is buy as both the short term and long term trends are positive.
FIRST TRUST INDXX INNOVATIVE (LEGR) has a support level at 57.33 and a resistance level at 58.33. Check the full technical report for our detailed analysis of LEGR support and resistance levels.