Trading Signals: LGND Stock Price Prediction and Forecast (Mon. Aug. 10, 2015 - Wed. Sep. 27, 2023)(Ligand Pharmaceuticals Inc)
| LGND latest price $121.6500 (-1.53%) ($120.4000 - $123.8100) on Thu. Jul. 27, 2017. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 1.43% (three month average) | RSI | 55 | Latest Price | $121.6500(-1.53%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | LGND advances 0.2% a day on average for past five trading days. | Weekly Trend | LGND advances 2% a week on average for past two weeks. | Market Behavior | Rotation from growth to value for large cap. Growth stock sell-off for small cap. | Correlated ETFs | Broad market will support LGND advance at 0% a week (0% probability) IBB(59%) IWO(56%) XBI(56%) IWC(53%) IWM(52%) | Factors Impacting LGND price | LGND will decline at least -0.715% in a week (0% probabilities). TLT(-15%) VIXM(-14%) UUP(-8%) GDXJ(-6%) IGOV(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -0.715% (StdDev 1.43%) | Hourly BBV | 0 () | Intraday Trend | -1.7% | | | |
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5 Day Moving Average | $123.06(-1.15%) | 10 Day Moving Average | $121(0.54%) | 20 Day Moving Average | $120.36(1.07%) | To recent high | -1.8% | To recent low | 12.3% | Market Cap | $1.955b | | | | 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. |