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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 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
37.130 38.465 36.920 38.400 +0.980
Entry Signal

MarketClub’s Trade Triangles for LEGN

long term down The long-term trend has been DOWN since Oct 17th, 2024 at 43.13

intermediate term down The intermediate-term trend has been DOWN since Oct 17th, 2024 at 43.13

short term down The short-term trend has been DOWN since Nov 6th, 2024 at 42.84

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
37.130 38.465 36.920 38.400 +0.980
Prev. Close Volume Bid Ask Time
38.400 1191411 2024-11-19 15:59:31
52wk High70.1352wk High Date2024-02-27
52wk Low37.452wk Low Date2024-11-18
Average Volume1,571,483Shares Outstanding133,005
Assets173,582,500MLiabilities619,718,000M
P/E Ratio-48.31430000
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