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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
$19.32
$0.57(2.87%)
U.S. Market opens in 10h 52m

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: 48.48)
Trend Strength:Moderate (ADX: 25.22)
Volatility:Medium (ATR: 0.91)
Support/Resistance:$16.62 – $21.41 (Bollinger Bands)

Technical conditions suggest Legend Biotech Corporation on the NASDAQ is awaiting a decisive move. Overall, Legend Biotech Corporation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 48.48

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 79.44

Bullish
Buying momentum building without extremes.

Williams %R: -23.09

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 3.41

Bullish
Steady upward momentum.

Takeaway:Legend Biotech Corporation shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.43

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.22

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.91

Low
Low volatility, stable price action.

CCI (14): 113.37

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Legend Biotech Corporation shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$21.41
Middle Band (SMA 20)
$19.01
Lower Band
$16.62
Current Position
Within Bands

Takeaway:Legend Biotech Corporation trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$21.01
Middle Line (EMA 20)
$19.20
Lower Channel
$17.39
Squeeze Status
No Squeeze

Takeaway:Legend Biotech Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-27.99M
Money Flow Index45.45Neutral, balanced money flows with no clear signal.
Relative Vigor Index55.72Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:LEGN shows mixed signals in money flow analysis.

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.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

No significant bearish signals detected.

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

(NASDAQ: LEGN) Technical Analysis FAQ