FIRST TRUST INDXX INNOVATIVE (LEGR) Technical Analysis
NASDAQ:LEGR • US33741X2018
Current stock price
LEGR Technical Rating and Analysis
Overall LEGR gets a technical rating of 1 out of 10. LEGR has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month LEGR has a been trading in the 56.38 - 61.85 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: LEGR has an average volume of 7880 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- LEGR is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so LEGR is performing more or less in line with the market.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, LEGR outperforms 65% of them, which is more or less in line with the market.
- Considerably lower volume is observed in the last couple of days.
LEGR Weekly and Daily overview Charts
LEGR Setup Rating and Analysis
The technical rating of LEGR is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
LEGR Support and Resistance Analysis
46.36
We found 3 important support areas.
- A support zone ranging from 56.72 to 56.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @54.49 from a horizontal line in the daily time frame.
- Support @46.83 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 58.34 to 59.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 62.10 to 62.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
LEGR 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 | NEUTRAL | NEUTRAL | The long term trend for LEGR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LEGR is down. |
| ChartMill Relative Strength | 65.17 | NEUTRAL | LEGR is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of LEGR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of LEGR is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 31.58 | NEUTRAL | The RSI value for LEGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests LEGR has a negative trend. |
| Stochastics (14,3) | 15.06 | OVERSOLD | The low Stochastics value suggests LEGR may be oversold. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for LEGR suggests low volalility. |
| Average Directional Index/ADX (14) | 28.37 | POSITIVE | The high ADX value value for LEGR suggests a strong trend. |
LEGR Chart- and CandleStick Pattern Analysis
LEGR Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:LEGR (3/20/2026, 8:05:44 PM)
56.7259
-1.37 (-2.37%)
FIRST TRUST INDXX INNOVATIVE / LEGR TA FAQ
What is the technical rating for LEGR stock?
ChartMill assigns a technical rating of 1 / 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 Bearish.
What is the RSI signal for FIRST TRUST INDXX INNOVATIVE (LEGR) stock?
FIRST TRUST INDXX INNOVATIVE (LEGR) has an RSI value of 31.5839. 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 -0.180908, 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 56.72 and a resistance level at 58.34. Check the full technical report for our detailed analysis of LEGR support and resistance levels.