Trading Signals: LGND Stock Price Prediction and Forecast (Mon. Aug. 10, 2015 - Wed. Sep. 27, 2023)(Ligand Pharmaceuticals Inc)
| LGND latest price $123.6800 (2.39%) ($123.6800 - $123.7100) on Fri. Jun. 11, 2021. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 2.91% (three month average) | RSI | 50 | Latest Price | $123.6800(2.39%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | LGND advances 1.4% a day on average for past five trading days. | Weekly Trend | LGND advances 0.8% a week on average for past two weeks. | Market Behavior | Normal for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support LGND advance at 0% a week (0% probability) IBB(58%) IWO(57%) IWM(55%) IWC(53%) XBI(51%) | Factors Impacting LGND price | LGND will decline at least -1.455% in a week (0% probabilities). VIXM(-27%) VXX(-16%) UUP(-16%) IGOV(-6%) UNG(-3%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.455% (StdDev 2.91%) | Hourly BBV | 2 () | Intraday Trend | 0% | | | |
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5 Day Moving Average | $120.24(2.86%) | 10 Day Moving Average | $117.57(5.2%) | 20 Day Moving Average | $119.43(3.56%) | To recent high | -25.4% | To recent low | 9.5% | Market Cap | $1.988b | | | | 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. |