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FIRST TRUST INDXX INNOVATIVE (LEGR) Stock Technical Analysis

USA - Nasdaq - NASDAQ:LEGR - US33741X2018 - ETF

61.1145 USD
+0.32 (+0.53%)
Last: 1/9/2026, 8:00:02 PM
Technical Rating and Analysis

10

Taking everything into account, LEGR scores 10 out of 10 in our technical rating. 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.

Warning: LEGR has an average volume of 5538 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 80% 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 57.81 - 61.33 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
FIRST TRUST INDXX INNOVATIVE / LEGR Weekly stock chart
FIRST TRUST INDXX INNOVATIVE / LEGR Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

46.34

61.82

4 important support areas can be observed.

  • A support zone ranging from 58.04 to 60.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 55.41 to 56.02. 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 @46.81 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 61.12 to 61.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for LEGR is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for LEGR is up.
ChartMill Relative Strength80.45POSITIVELEGR has a high relative strength, it outperformed 80.45% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of LEGR is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of LEGR is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of LEGR is above the rising SMA(200).
Relative Strength Index/RSI (14)69.25NEUTRALThe RSI value for LEGR is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.12POSITIVEThe MACD value suggests LEGR has a positive trend, although the MACD value is declining.
Stochastics (14,3)88.48OVERBOUGHTThe high Stochastics value suggests LEGR may be overbought.
Average True Range in percent/ATR (20)0.86LOW VOLATILITYThe low ATR as a percentage value for LEGR suggests low volalility.
Average Directional Index/ADX (14)27.39POSITIVEThe high ADX value value for LEGR suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
FIRST TRUST INDXX INNOVATIVE / LEGR Daily stock chart

FIRST TRUST INDXX INNOVATIVE

NASDAQ:LEGR (1/9/2026, 8:00:02 PM)

61.1145

+0.32 (+0.53%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.53%
1 Week1.33%
2 Weeks2.42%
1 Month3.88%
3 Month9.63%
6 Month14.02%
12 Month33.33%
2 Year50.86%
3 Year62.5%
5 Year62.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%0.86%
ATR Inc-6.46%
Range Today0.51
ADR(20)0.38
ADR(20)%0.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.45
3 months CRS76.05
6 months CRS74.94
Mansfield0.28
10 Day High61.33
10 Day Low59.43
20 Day High61.33
20 Day Low57.81
52 Week High61.33
52 Week Low41.87
CS1 End60.41
CR1 Start61.12
Volume & EV
DER(3)3.03%
DER(5)0.31%
Volume3.30K
Volume Incr68.97%
Vol(5)8.06K
Vol(50)5.54K

FIRST TRUST INDXX INNOVATIVE / LEGR FAQ

What is the technical rating for LEGR stock?

ChartMill assigns a technical rating of 10 / 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 69.2511. 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 0.124463, 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 60.41 and a resistance level at 61.12. Check the full technical report for our detailed analysis of LEGR support and resistance levels.