Trading Signals: LGND Stock Price Prediction and Forecast

^ LGND: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Wed. Apr. 26, 2023

Trading Signals: LGND Stock Price Prediction and Forecast (Mon. Aug. 10, 2015 - Wed. Sep. 27, 2023)

(Ligand Pharmaceuticals Inc)
LGND latest price $77.2950 (1.14%) ($77.2950 - $77.2950) on Wed. Apr. 26, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.48% (three month average)
RSI   68
Latest Price   $77.2950(1.14%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   LGND declines -0.1% a day on average for past five trading days.
Weekly Trend   LGND advances 2.6% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support LGND advance at 0% a week (0% probability)
IWN(49%)    XBI(49%)    IWM(48%)    IWC(46%)    IWO(46%)
Factors Impacting LGND price   LGND will decline at least -1.24% in a week (0% probabilities).
VXX(-19%)    VIXM(-14%)    UUP(-13%)    SMH(-13%)    SHY(-11%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.24% (StdDev 2.48%)
Hourly BBV 1.1 ()
Intraday Trend 0%

5 Day Moving Average   $76.85(0.58%)
10 Day Moving Average   $76.44(1.12%)
20 Day Moving Average   $74.48(3.78%)
To recent high   -0.6%
To recent low   14.8%
Market Cap   $1.242b

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.

$. LGND price fluctuates within 3.1% (three month std-dev: 2.48%) daily (68% of days).

Sample size 50 Average positive next day return: 0.99%(46%) Average negative next day return: -1.1%(54%) Sample size 50 Average positive next three day return: 2.01%(52%) Average negative next three day return: -1.82%(48%) Sample size 50 Average positive next weekly return: 2.54%(60%) Average negative next weekly return: -3.03%(40%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230526

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Apr_26_2023	70.65	74.48	76.44	76.85	76.97	76.78	77.3(1.14%)	UT	OpenLong	75	0.2	18	-10	3	64	0.06	47%	0.14	75.5	2.48%	1.1	1.2	68	0.8
2	Apr_25_2023	70.55	74.3	75.94	76.95	76.82	76.67	76.43(-0.81%)	UD	OpenLong	65	-0.2	7	-20	-10	59	0.08	51%	0.11	86.9	2.74%	-1.6	1	67	0.5
3	Apr_24_2023	70.47	74	75.78	76.87	76.99	77.17	77.05(-0.02%)	UD	OpenLong	75	0.1	26	20	10	74	0.03	51%	0.06	80.4	2.83%	-0.5	1.3	66	1.4
4	Apr_21_2023	70.43	73.62	75.41	76.64	76.58	76.97	77.07(0.84%)	UT	OpenLong	75	0.2	27	30	11	73	0.04	51%	0.11	70.5	2.82%	0.1	1.5	60	1.5
5	Apr_20_2023	70.35	73.21	75.02	76.1	76.24	76.82	76.42(-1.77%)	UD	OpenLong	75	0.1	33	60	19	74	0.05	51%	0.04	54.2	2.84%	0.2	1.3	63	1.3

6	Apr_19_2023	70.32	72.78	74.51	75.94	75.65	76.19	77.8(2.35%)	UT	OpenLong	75	0.7	36	40	24	73	0.11	51%	0.1	43.5	2.83%	1.9	1.9	63	1.6
7	Apr_18_2023	70.25	72.43	73.81	74.77	75.32	75.65	76.01(0.17%)	UT	OpenLong	75	0.5	26	50	19	45	0.09	51%	0.07	35.4	2.82%	1.1	1.5	54	1.6
8	Apr_17_2023	70.2	72.2	73.35	74.54	74.68	75.1	75.88(2%)	UT	OpenLong	75	0.6	18	50	10	42	0.05	51%	0.03	44.6	2.82%	1	1.7	62	1.5
9	Apr_14_2023	70.18	71.99	73.04	74.02	74.43	74.98	74.39(-1.65%)	UD	OpenLong	75	0.2	25	70	18	47	0.07	51%	0.07	50.4	2.81%	-0.4	1.2	62	1.5
10	Apr_13_2023	70.13	71.92	72.73	73.76	74.18	74.27	75.64(5.14%)	UT	OpenLong	75	1	31	30	24	53	0.09	51%	0.03	51.5	2.82%	1.5	1.9	66	1.4

11	Apr_12_2023	70.11	71.68	72.34	72.87	73.4	73.88	71.94(-3.89%)	UD	OpenLong	75	-0.5	14	70	4	44	0.09	48%	-0.04	36.8	2.75%	-1.4	0.2	63	1.2
12	Apr_11_2023	70.14	71.62	72.52	72.64	72.9	74.1	74.85(2.18%)	UT	OpenLong	75	1.3	46	130	40	64	0.05	51%	-0.06	27.9	2.72%	1.7	1.9	58	1.3
13	Apr_10_2023	70.18	71.25	72.06	71.98	71.89	72.92	73.26(0.18%)	UT	OpenLong	75	0.7	33	100	29	45	0.07	51%	-0.18	6	2.72%	1.2	1.1	54	1.4
14	Apr_6_2023	70.31	71.02	71.69	71.94	71.33	71.71	73.12(2.71%)	UT	OpenLong	75	0.7	22	10	18	33	0.06	51%	-0.1	-15.1	2.7%	1.6	1.2	52	0.4
15	Apr_5_2023	70.38	70.95	71.27	71.57	71.48	70.86	71.19(0.57%)	N/A	N/A	0	-0.2	-3	-60	-5	5	0.07	48%	-0.11	-27.8	2.68%	1.2	0.1	44	0.4

16	Apr_4_2023	70.46	71.05	70.95	71.75	71.56	70.95	70.79(-1.02%)	DT	OpenShort	-75	-0.5	-28	-70	-33	-13	0.07	48%	-0.14	-25.1	2.68%	-0.7	-0.1	50	0.3
17	Apr_3_2023	70.56	71.15	70.95	72.36	72	72.1	71.52(-2.13%)	N/A	N/A	0	-0.5	-3	-10	-7	10	0.13	48%	-0.14	-14.3	2.68%	-0.8	0.2	53	0.1
18	Mar_31_2023	70.66	71.14	70.99	72.12	72.69	72.17	73.08(2.55%)	UT	OpenLong	75	0.4	22	-30	20	29	0.08	48%	-0.13	-18.6	2.67%	0.9	0.9	64	0.1
19	Mar_30_2023	70.75	71.29	70.87	71.39	72	71.91	71.26(-1.14%)	N/A	N/A	0	-0.1	-7	20	-14	13	0.1	48%	-0.07	-22.8	2.67%	-1.1	-0	58	-0.1
20	Mar_29_2023	70.8	71.46	71.05	70.89	71.54	73.22	72.08(-2.44%)	UD	OpenLong	75	0.5	38	190	41	30	0.08	48%	0.04	-28.5	2.67%	0.3	0.3	50	-0.2

21	Mar_28_2023	70.77	71.52	70.94	70.01	70.6	72.09	73.88(5.08%)	UT	OpenLong	75	1.6	53	170	65	17	0.12	48%	0.16	-37.3	2.66%	2	1	50	-0.3
22	Mar_27_2023	70.66	71.41	70.6	69.47	69.03	69.87	70.31(1.26%)	N/A	N/A	0	0.4	2	70	9	-21	0.09	43%	0.13	-42.3	2.59%	2	-0.5	45	-0.5
23	Mar_24_2023	70.57	71.55	70.34	69.75	69.25	69.1	69.43(0.96%)	DT	HoldShort	-50	-0.1	-4	-40	5	-30	0.06	43%	0.1	-39.1	2.62%	0.7	-0.9	46	-0.6
24	Mar_23_2023	70.5	71.82	70.28	70.3	69.81	68.19	68.77(1.67%)	DP	OpenShort	-75	-0.6	-49	-180	-44	-64	0.08	43%	0.01	-26.7	2.63%	-1.1	-1.2	35	-0.8
25	Mar_22_2023	70.49	72.14	70.62	71.24	70.77	69.4	67.64(-5%)	DT	OpenShort	-75	-1.5	-63	-160	-63	-64	0.13	43%		-13.3	2.63%	-2.1	-1.9	38	-0.8
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.