LIGAND PHARMACEUTICALS (LGND) Stock Technical Analysis
NASDAQ:LGND - Nasdaq - US53220K5048 - Common Stock - Currency: USD
Overall LGND gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LGND is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, LGND did better than 90% of all other stocks. On top of that, LGND also shows a nice and consistent pattern of rising prices.
LGND is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 89% of 193 stocks in the same industry.
LGND is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so LGND is lagging the market slightly.
In the last month LGND has a been trading in the 110.42 - 123.02 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, LGND also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
104.25
123.56
When analyzing the support we can see 2 important areas.
- A support zone ranging from 111.39 to 112.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 105.30 to 106.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @122.34 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.22
Mansfield1.49
10 Day High123.02
10 Day Low110.42
20 Day High123.02
20 Day Low110.42
52 Week High129.9
52 Week Low67.72
Performance
1 Week5.92%
2 Weeks2.4%
1 Month4.58%
3 Month1.24%
6 Month16.23%
12 Month59.05%
2 Year67.27%
3 Year19.22%
5 Year28.92%
10 Year119.12%
15 Year6756.25%
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)0.61
RSI(14)59.36
LBB110.38
UBB123.8
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 122.35 | 110.41 | 11.94 (9.76%) | 10.25% |
| An entry @122.35. This is a Buy Stop order right above the resistance zone. | An exit @110.41. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 11.94 points, which is 9.76%. | For a 1.00% total portfolio risk, you can invest 10.25% of your capital in this trade. |
- 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.
120.67
-1.34 (-1.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.1%
1 Week5.92%
2 Weeks2.4%
1 Month4.58%
3 Month1.24%
6 Month16.23%
12 Month59.05%
2 Year67.27%
3 Year19.22%
5 Year28.92%
10 Year119.12%
15 Year6756.25%
Volatility
ATR(14)3.84
ATR(20)%3.12%
ATR Inc-5.97%
Range Today4
ADR(20)3.76
ADR(20)%3.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.22
Mansfield1.49
10 Day High123.02
10 Day Low110.42
20 Day High123.02
20 Day Low110.42
52 Week High129.9
52 Week Low67.72
CS1 End112.07
CR1 Start122.34
Volume & EV
DER(3)1.43%
DER(5)0.57%
Volume136.70K
Volume Incr73.95%
Vol(5)126.58K
Vol(50)105.25K