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LEGAL & GENERAL GROUP PLC (LGEN.L) Stock Technical Analysis

LON:LGEN - London Stock Exchange, The - GB0005603997 - Common Stock - Currency: GBX

246.6  +1.9 (+0.78%)

Technical Rating and Analysis

8

We assign a technical rating of 8 out of 10 to LGEN. Although LGEN is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
LGEN has an average volume of 4246510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, LGEN outperforms 46% of them, which is more or less in line with the market.
LGEN is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month LGEN has a been trading in a tight range between 234.85 and 248.35.
Weekly and Daily overview Charts
LEGAL & GENERAL GROUP PLC / LGEN Weekly stock chart
LEGAL & GENERAL GROUP PLC / LGEN Daily stock chart
Setup Rating and Analysis

6

LGEN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 243.34, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

210.57

259.28

We found 4 important support areas.

  • A support zone ranging from 242.12 to 243.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 235.70 to 236.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @228.75 from a horizontal line in the daily time frame.
  • A support zone ranging from 212.70 to 220.00. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 253.65 to 256.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.69
Mansfield0.24
10 Day High248.35
10 Day Low234.85
20 Day High248.35
20 Day Low234.85
52 Week High266.2
52 Week Low211.7
Performance
1 Week0.78%
2 Weeks3.57%
1 Month2.49%
3 Month3.79%
6 Month9.45%
12 Month-1.24%
2 Year2.84%
3 Year-9.45%
5 Year26.92%
10 Year-11.49%
15 Year180.07%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.18
RSI(14)60.17
LBB235.86
UBB248.65
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
248.36242.116.25 (2.52%)25.00%
An entry @248.36. This is a Buy Stop order right above the 10 day high.An exit @242.11. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 6.25 points, which is 2.52%.For a 0.63% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of LGEN. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
LEGAL & GENERAL GROUP PLC / LGEN Daily stock chart

LEGAL & GENERAL GROUP PLC

LON:LGEN (3/7/2025, 5:36:15 PM)

246.6

+1.9 (+0.78%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.78%
1 Week0.78%
2 Weeks3.57%
1 Month2.49%
3 Month3.79%
6 Month9.45%
12 Month-1.24%
2 Year2.84%
3 Year-9.45%
5 Year26.92%
10 Year-11.49%
15 Year180.07%
Volatility
ATR(14)4.8
ATR(20)%1.95%
ATR Inc21.36%
Range Today6.45
ADR(20)4.55
ADR(20)%1.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.69
Mansfield0.24
10 Day High248.35
10 Day Low234.85
20 Day High248.35
20 Day Low234.85
52 Week High266.2
52 Week Low211.7
CS1 End243.34
CR1 Start253.65
Volume & EV
DER(3)-1.49%
DER(5)-1.55%
Volume3.47M
Volume Incr-2.28%
Vol(5)4.18M
Vol(50)4.25M