NASDAQ:LGND • US53220K5048
Overall LGND gets a technical rating of 6 out of 10. In the last year, LGND was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
LGND has an average technical rating and the quality of the presented setup is also 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.
96.40
We found 5 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 | NEUTRAL | NEUTRAL | The long term trend for LGND is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LGND is neutral. |
| ChartMill Relative Strength | 83.64 | POSITIVE | LGND has a high relative strength, it outperformed 83.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LGND is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LGND is above the rising 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) | 56.64 | NEUTRAL | The RSI value for LGND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.84 | POSITIVE | The MACD value suggests LGND has a positive trend. |
| Stochastics (14,3) | 59.67 | NEUTRAL | The Stochastics value for LGND is a neutral value. |
| Average True Range in percent/ATR (20) | 3.98 | MEDIUM VOLATILITY | The ATR as a percentage value for LGND suggests some volalility. |
| Average Directional Index/ADX (14) | 19.42 | NEGATIVE | The low ADX value for LGND suggests a weak or negative trend. |
196.17
+4.78 (+2.5%)
ChartMill assigns a technical rating of 6 / 10 to LGND.
The current trend direction for LIGAND PHARMACEUTICALS (LGND) is Bearish.
LIGAND PHARMACEUTICALS (LGND) has an RSI value of 56.64. This indicates that the stock is currently neutral.
The short term momentum for LIGAND PHARMACEUTICALS (LGND) is neutral.