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LEGAL & GENERAL GROUP PLC (LGEN.L) Stock Technical Analysis

LON:LGEN - London Exchange - GB0005603997 - Common Stock - Currency: GBX

253.5  +0.2 (+0.08%)

Technical Rating and Analysis

8

Taking everything into account, LGEN scores 8 out of 10 in our technical rating. Although LGEN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

The long and short term trends are both positive. This is looking good!
LGEN 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 LGEN is performing more or less in line with the market.
LGEN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
LGEN has an average volume of 7372180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, LGEN turns out to be only a medium performer in the overall market: it outperformed 55% of all stocks.
Weekly and Daily overview Charts
LEGAL & GENERAL GROUP PLC / LGEN Weekly stock chart
LEGAL & GENERAL GROUP PLC / LGEN Daily stock chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, LGEN also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 252.90, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

210.57

260.99

We found 5 important support areas.

  • A support zone ranging from 251.07 to 252.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 239.40 to 245.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @228.75 from a horizontal line in the daily time frame.
  • A support zone ranging from 216.89 to 222.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @212.70 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 255.57 to 258.41. This zone is formed by a combination of multiple trend lines and important moving averages 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 LGEN.L is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for LGEN.L is up.
ChartMill Relative Strength55.02NEUTRALLGEN.L is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of LGEN.L is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of LGEN.L is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of LGEN.L is above the rising SMA(200).
Relative Strength Index/RSI (14)56.71NEUTRALThe RSI value for LGEN.L is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.34NEGATIVEThe MACD value suggests LGEN.L has a negative trend.
Stochastics (14,3)64.24NEUTRALThe Stochastics value for LGEN.L is a neutral value.
Average True Range in percent/ATR (20)1.54LOW VOLATILITYThe low ATR as a percentage value for LGEN.L suggests low volalility.
Average Directional Index/ADX (14)17.7NEGATIVEThe low ADX value for LGEN.L suggests a weak or negative 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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
258.42251.067.36 (2.85%)25.00%
An entry @258.42. This is a Buy Stop order right above the resistance zone.An exit @251.06. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 7.36 points, which is 2.85%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.71%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LEGAL & GENERAL GROUP PLC / LGEN Daily stock chart

LEGAL & GENERAL GROUP PLC

LON:LGEN (6/18/2025, 5:36:15 PM)

253.5

+0.2 (+0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.08%
1 Week-0.86%
2 Weeks-0.43%
1 Month4.45%
3 Month5.01%
6 Month13.22%
12 Month9.27%
2 Year11.53%
3 Year5.85%
5 Year13.83%
10 Year1.85%
15 Year222.31%
Volatility
ATR(14)3.79
ATR(20)%1.54%
ATR Inc18.83%
Range Today2.5
ADR(20)3.46
ADR(20)%1.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.02
Mansfield0.45
10 Day High259.7
10 Day Low249.6
20 Day High259.7
20 Day Low234.6
52 Week High266.2
52 Week Low207.6
CS1 End252.9
CR1 Start255.57
Volume & EV
DER(3)-4.23%
DER(5)-2.85%
Volume6.95M
Volume Incr26.61%
Vol(5)8.78M
Vol(50)7.37M