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.
MarketClub’s Trade Triangles for LEGN
The long-term trend has been DOWN since Oct 3rd, 2023 at 61.63
The intermediate-term trend has been DOWN since Nov 14th, 2023 at 62.75
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).
|52wk High||77.32||52wk High Date||2023-07-21|
|52wk Low||42.905||52wk Low Date||2023-03-10|
|Average Volume||1,090,262||Shares Outstanding||133,005|