Stock Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Legend Biotech Corporation - American Depositary Shares (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 UP since May 3rd, 2021 at 30.80
The intermediate-term trend has been UP since Sep 16th, 2021 at 41.13
The short-term trend has been DOWN since Oct 22nd, 2021 at 51.81
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||58||52wk High Date||2021-10-12|
|52wk Low||23.41||52wk Low Date||2021-03-04|
|Average Volume||472,842||Shares Outstanding||133,005|