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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Legend Biotech Corporation - American Depositary Shares (NASDAQ:LEGN)

Long-Term Downtrend (-90) - LEGN is in a strong downtrend that is likely to continue. While LEGN is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid LEGN?

MarketClub looks at technical strength and momentum to determine if the timing is right for LEGN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_LEGN
Open High Low LEGN Price Change
45.7100 45.7999 44.6500 45.7300 -0.2600
Entry Signal

MarketClub’s Trade Triangles for LEGN

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 51.0700

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 61.3000

short term down The short-term trend has been DOWN since May 8th, 2024 at 44.7201

Smart Scan Analysis for LEGN

Based on our trend formula, LEGN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for LEGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.7100 45.7999 44.6500 45.7300 -0.2600
Prev. Close Volume Bid Ask Time
45.7200 520949 2024-05-08 15:59:35
52wk High77.3252wk High Date2023-07-21
52wk Low42.07552wk Low Date2024-05-01
Average Volume1,081,851Shares Outstanding133,005
Assets184,860,900MLiabilities597,238,000M
P/E Ratio-48.31430000
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