Taking everything into account, LGND scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although the technical rating is only medium, LGND does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
96.40
We found 5 important support areas.
We can see 3 important resistance areas.
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 LGND is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LGND is neutral. |
| ChartMill Relative Strength | 87.87 | POSITIVE | LGND has a high relative strength, it outperformed 87.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LGND is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LGND is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LGND is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.37 | NEUTRAL | The RSI value for LGND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.59 | NEGATIVE | The MACD value suggests LGND has a negative trend. |
| Stochastics (14,3) | 54.55 | NEUTRAL | The Stochastics value for LGND is a neutral value. |
| Average True Range in percent/ATR (20) | 4.51 | MEDIUM VOLATILITY | The ATR as a percentage value for LGND suggests some volalility. |
| Average Directional Index/ADX (14) | 17.57 | NEGATIVE | The low ADX value for LGND suggests a weak or negative trend. |
190.22
-5.27 (-2.7%)
ChartMill assigns a technical rating of 6 / 10 to LGND.
The current trend direction for LIGAND PHARMACEUTICALS (LGND) is Bullish.
LIGAND PHARMACEUTICALS (LGND) has an RSI value of 43.373. This indicates that the stock is currently neutral.
The short term momentum for LIGAND PHARMACEUTICALS (LGND) is neutral.