USA Stock LGND Historical charts - Ligand Pharmaceuticals Incorporated

Historical charts for Stock LGND - Share Ligand Pharmaceuticals Incorporated trades in USA under Health Care Deals in Major Pharmaceuticals

Technical analysis forecast of LGND Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in LGND LGND at this time. Stock is rising and might rise more.

It appears as if LGND LGND gave a large move recently.

Stock of LGND (LGND) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of LGND is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if LGND stays above 120.9, but if it comes below 120.9, then a intra day sell could be more profitable.
If you take a sell trade below 120.9, then use 120.9 as stoploss and 117.68 as target. However if you take a buy trade in LGND, then use 120.9 as stoploss and 124.9 as target.

Tomorrow's movement Prediction of LGND appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.

Munafa value: 65

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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