Stock Trend Analysis Report
Prepared for you on Sunday, April 11, 2021.
Legend Biotech Corporation (NASDAQ:LEGN)
Sidelines Mode (-55) - LEGN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Jan 29th, 2021 at 25.500
The intermediate-term trend has been UP since Apr 1st, 2021 at 29.185
The short-term trend has been DOWN since Apr 9th, 2021 at 28.750
Smart Scan Analysis for LEGN
Based on our trend formula, LEGN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||43.2399||52wk High Date||2020-07-01|
|52wk Low||23.41||52wk Low Date||2021-03-04|
|Average Volume||353,244||Shares Outstanding||18,425|