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Stock Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Ligand Pharmaceuticals Incorporated (NASDAQ:LGND)
Sidelines Mode (+55) - LGND is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Dec 14th, 2023 at 67.480
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 71.160
The short-term trend has been UP since Apr 26th, 2024 at 71.165
Smart Scan Analysis for LGND
Based on our trend formula, LGND is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 70.5900 | 71.6891 | 70.5900 | 71.6891 | +1.3191 |
| Prev. Close | Volume | Bid | Ask | Time |
| 70.3700 | 3718 | 2024-04-26 10:39:08 |
| Year High | 278.62 | Year High Date | 2018-10-01 |
| Year Low | 136.75 | Year Low Date | 2018-01-02 |
| 52wk High | 94.57 | 52wk High Date | 2024-02-27 |
| 52wk Low | 49.24 | 52wk Low Date | 2023-10-27 |
| Year End Close | 20.74 | Average Volume | 162,964 |
| 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 |