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Stock Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

Ligand Pharmaceuticals Incorporated (NASDAQ:LGND)

Bull Market Weakness (+75) - LGND is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LGND as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid LGND?

MarketClub looks at technical strength and momentum to determine if the timing is right for LGND.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low LGND Price Change
59.0700 60.4000 59.0700 60.2479 +1.4979
Entry Signal

MarketClub’s Trade Triangles for LGND

long term down The long-term trend has been DOWN since Jul 11th, 2023 at 68.87

intermediate term up The intermediate-term trend has been UP since Nov 13th, 2023 at 55.81

short term up The short-term trend has been UP since Dec 4th, 2023 at 58.99

Smart Scan Analysis for LGND

Based on our trend formula, LGND is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for LGND
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
59.0700 60.4000 59.0700 60.2479 +1.4979
Prev. Close Volume Bid Ask Time
58.7500 11271 2023-12-04 10:48:52
Year High278.62Year High Date2018-10-01
Year Low136.75Year Low Date2018-01-02
52wk High85.752wk High Date2023-05-05
52wk Low49.2452wk Low Date2023-10-27
Year End Close20.74Average Volume98,056
Shares Outstanding27,028Short Interest1,453,838
% Institutional78.4Market Cap1,745M
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