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Stock Trend Analysis Report

Prepared for you on Tuesday, December 5, 2023.

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
62.67 64.15 61.91 62.22 -0.43
Entry Signal

MarketClub’s Trade Triangles for LEGN

long term down The long-term trend has been DOWN since Oct 3rd, 2023 at 61.63

intermediate term down The intermediate-term trend has been DOWN since Nov 14th, 2023 at 62.75

short term up The short-term trend has been UP since Dec 4th, 2023 at 62.09

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
62.67 64.15 61.91 62.22 -0.43
Prev. Close Volume Bid Ask Time
62.65 774973 2023-12-05 15:59:59
52wk High77.3252wk High Date2023-07-21
52wk Low42.90552wk Low Date2023-03-10
Average Volume1,090,262Shares Outstanding133,005
Assets193,065,900MLiabilities523,628,000M
P/E Ratio-48.31430000
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