Stock Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
Legend Biotech Corporation - American Depositary Shares (NASDAQ:LEGN)
Weak Downtrend (-65) - LEGN is showing signs of a strengthening downtrend. Monitor LEGN as it may be building momentum to the downside.
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 Apr 19th, 2023 at 57.72
The intermediate-term trend has been DOWN since Aug 8th, 2023 at 69.27
The short-term trend has been DOWN since Sep 21st, 2023 at 64.22
Smart Scan Analysis for LEGN
Based on our trend formula, LEGN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||77.32||52wk High Date||2023-07-21|
|52wk Low||37.3||52wk Low Date||2022-10-12|
|Average Volume||412,535||Shares Outstanding||133,005|