Stock Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
Legend Biotech Corporation - American Depositary Shares (NASDAQ:LEGN)
Strong Downtrend (-100) - LEGN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, LEGN continues to fall. 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.
MarketClub’s Trade Triangles for LEGN
The long-term trend has been DOWN since Feb 23rd, 2023 at 46.44
The intermediate-term trend has been DOWN since Feb 6th, 2023 at 49.53
The short-term trend has been DOWN since Mar 17th, 2023 at 45.37
Smart Scan Analysis for LEGN
Based on our trend formula, LEGN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||57.72||52wk High Date||2023-01-13|
|52wk Low||32.87||52wk Low Date||2022-05-12|
|Average Volume||536,148||Shares Outstanding||133,005|