Trading Signals: LGND Stock Price Prediction and Forecast (Mon. Aug. 10, 2015 - Wed. Sep. 27, 2023)(Ligand Pharmaceuticals Inc)
| LGND latest price $104.7700 (-1.04%) ($99.5400 - $106.6800) on Wed. May. 27, 2020. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 6.48% (three month average) | RSI | 54 | Latest Price | $104.7700(-1.04%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | LGND advances 0.8% a day on average for past five trading days. | Weekly Trend | LGND advances 1.4% a week on average for past two weeks. | Market Behavior | Value stock 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(54%) IWO(52%) XBI(50%) IWC(47%) IWM(47%) | Factors Impacting LGND price | LGND will decline at least -3.24% in a week (0% probabilities). VIXM(-23%) UUP(-17%) VXX(-15%) UNG(-3%) TLT(-1%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -3.24% (StdDev 6.48%) | Hourly BBV | 0 () | Intraday Trend | -1.5% | | | |
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5 Day Moving Average | $105.7(-0.88%) | 10 Day Moving Average | $102.62(2.1%) | 20 Day Moving Average | $101.62(3.1%) | To recent high | -3.6% | To recent low | 65.3% | Market Cap | $1.684b | | | | 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. |