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Legend Biotech Corporation

LEGN Technical Analysis Summary (NASDAQ)

Analyze LEGN on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

LEGN●NASDAQ
HealthcareBiotechnology
$20.37
$0.10(0.49%)
U.S. Market opens in 43h 43m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

LEGN Technical Analysis Summary (NASDAQ)

Legend Biotech Corporation (NASDAQ: LEGN) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.13)
Trend Strength:Strong (ADX: 35.91)
Volatility:High (ATR: 1.20)
Support/Resistance:$17.14 – $24.04 (Bollinger Bands)

Technical conditions suggest Legend Biotech Corporation on the NASDAQ is awaiting a decisive move. This mix signals that Legend Biotech Corporation is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 40.13

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 49.05

Neutral
Mid-range signal with no clear trend.

Williams %R: -49.25

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 5.71

Strongly Bullish
Strong upside momentum.

Takeaway:Legend Biotech Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -1.42

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 35.91

Strong
Strong trend, momentum well established.

ATR (14): 1.20

Low
Low volatility, stable price action.

CCI (14): 36.92

Bullish
Bullish, momentum building upward.

Takeaway:Legend Biotech Corporation shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$24.04
Middle Band (SMA 20)
$20.59
Lower Band
$17.14
Current Position
Within Bands

Takeaway:Legend Biotech Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$23.64
Middle Line (EMA 20)
$21.25
Lower Channel
$18.85
Squeeze Status
No Squeeze

Takeaway:Legend Biotech Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-41.13M
Money Flow Index47.85Neutral, balanced money flows with no clear signal.
Relative Vigor Index46.45Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:LEGN shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of Legend Biotech Corporation (NASDAQ: LEGN), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Legend Biotech Corporation shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: LEGN) Technical Analysis FAQ