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Stock Trend Analysis Report

Prepared for you on Tuesday, October 22, 2024.

Legend Biotech Corporation - American Depositary Shares (NASDAQ:LEGN)

Countertrend Down (-85) - LEGN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

NASDAQ_LEGN
Open High Low LEGN Price Change
45.07 45.96 43.29 45.19 +1.74
Entry Signal

MarketClub’s Trade Triangles for LEGN

long term down The long-term trend has been DOWN since Oct 17th, 2024 at 43.13

intermediate term down The intermediate-term trend has been DOWN since Oct 17th, 2024 at 43.13

short term up The short-term trend has been UP since Oct 22nd, 2024 at 44.48

Smart Scan Analysis for LEGN

Based on our trend formula, LEGN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for LEGN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.07 45.96 43.29 45.19 +1.74
Prev. Close Volume Bid Ask Time
43.45 1972672 2024-10-22 15:57:53
52wk High70.1352wk High Date2024-02-27
52wk Low38.652wk Low Date2024-06-03
Average Volume1,376,987Shares Outstanding133,005
Assets179,818,300MLiabilities639,181,000M
P/E Ratio-48.31430000
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