Trading Signals: LGND Stock Price Prediction and Forecast (Mon. Aug. 10, 2015 - Wed. Sep. 27, 2023)(Ligand Pharmaceuticals Inc)
| LGND latest price $165.1600 (1.94%) ($161.4700 - $167.5400) on Thu. Mar. 29, 2018. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.92% (three month average) | RSI | 39 | Latest Price | $165.1600(1.94%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | LGND advances 0.4% a day on average for past five trading days. | Weekly Trend | LGND declines -4.1% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support LGND advance at 0% a week (0% probability) IBB(60%) IWO(57%) XBI(56%) IWC(54%) IWM(53%) | Factors Impacting LGND price | LGND will decline at least -0.96% in a week (0% probabilities). TLT(-15%) VIXM(-14%) UUP(-8%) GDXJ(-6%) IGOV(-4%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.96% (StdDev 1.92%) | Hourly BBV | 0 () | Intraday Trend | 1.6% | | | |
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Resistance Level | $168.95 | 5 Day Moving Average | $164.11(0.64%) | 10 Day Moving Average | $165.6(-0.27%) | 20 Day Moving Average | $168.95(-2.24%) | To recent high | -9.6% | To recent low | 20.6% | Market Cap | $2.654b | | | | Ligand Pharmaceuticals, Inc. is a biopharmaceutical company, which engages in the development and acquisition of technologies that help pharmaceutical companies to discover and develop medicines. Its products include evomela, IV voriconazole, duavee, viviant/conbriza, nexterone, and noxafil-IV. The company was founded by Ronald M. Evans in 1987 and is headquartered in San Diego, CA. |