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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.
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MarketClub’s Trade Triangles for LGND
The long-term trend has been DOWN since Jul 11th, 2023 at 68.87
The intermediate-term trend has been UP since Nov 13th, 2023 at 55.81
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).
| 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 High | 278.62 | Year High Date | 2018-10-01 |
| Year Low | 136.75 | Year Low Date | 2018-01-02 |
| 52wk High | 85.7 | 52wk High Date | 2023-05-05 |
| 52wk Low | 49.24 | 52wk Low Date | 2023-10-27 |
| Year End Close | 20.74 | Average Volume | 98,056 |
| Shares Outstanding | 27,028 | Short Interest | 1,453,838 |
| % Institutional | 78.4 | Market Cap | 1,745M |
| Assets | 105,060,500M | Liabilities | 234,307,000M |
| Beta | 1.21 | Volatility | 56.27 |