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(LGND) Ligand Pharmaceuticals complete technical analysis [charts+indicators] | Buy/Sell Ligand Pharmaceuticals | (LGND) share price targets

Complete technical analysis of Ligand Pharmaceuticals (LGND) by charts plus indicators, forecast predictions and share price targets for Ligand Pharmaceuticals (LGND)

Ligand Pharmaceuticals trades in USA in Health Care sector.

Showing technical analysis as on 2024-06-06 View latest technical analysis

10 day averaged volume of Ligand Pharmaceuticals is 131660

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	82.37	83.41	83.41	81.49	0.733 times
05 Wed Jun 2024	83.60	81.22	84.15	80.31	0.652 times
04 Tue Jun 2024	80.83	86.82	87.03	79.50	1.544 times
03 Mon Jun 2024	87.91	85.44	88.73	85.29	0.976 times
31 Fri May 2024	85.05	84.53	86.82	84.32	0.928 times
30 Thu May 2024	83.96	85.61	85.61	83.09	1.158 times
29 Wed May 2024	84.95	84.27	85.19	83.68	0.816 times
28 Tue May 2024	85.98	86.40	86.86	84.13	0.82 times
23 Thu May 2024	84.91	87.22	87.48	83.17	0.954 times
22 Wed May 2024	87.28	87.01	88.22	86.94	0.848 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 83, but if it comes above 83, then a intra day buy could be more profitable.
If you take a sell trade below 83, then use 83 as stoploss and 80.6 as target. However if you take a buy trade in stock , then use 83 as stoploss and 85.02 as target.

Share price targets for Ligand Pharmaceuticals (LGND)

Target Type	Value
Downside Target	67.72
Downside Target	72.61
Downside Target	79.50
Upside Target	86.86
Upside Target	87.33
Upside Target	87.53
Upside Target	88.52
Upside Target	88.73
Upside Target	94.57

Intraday share price targets for Ligand Pharmaceuticals (LGND)

Target Type	Value
Downside Intraday Target	78.34
Downside Intraday Target	74.3
Upside Intraday Target	87.57
Upside Intraday Target	92.76
Upside Intraday Target	83.53

Weekly technical analysis of Ligand Pharmaceuticals (LGND)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	82.37	85.44	88.73	79.50	1.049 times
31 Fri May 2024	85.05	86.40	86.86	83.09	0.953 times
23 Thu May 2024	84.91	85.87	88.52	83.17	0.822 times
17 Fri May 2024	86.06	87.34	87.53	83.93	0.526 times
10 Fri May 2024	87.28	74.05	87.33	72.61	1.644 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Ligand Pharmaceuticals (LGND)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	82.37	85.44	88.73	79.50	0.159 times
31 Fri May 2024	85.05	70.12	88.52	69.51	0.924 times
30 Tue Apr 2024	69.89	73.35	81.73	67.72	0.871 times
28 Thu Mar 2024	73.10	80.05	80.94	68.25	1.141 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ligand Pharmaceuticals (LGND)

Price action analysis of Ligand Pharmaceuticals ( (LGND) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ligand Pharmaceuticals ( (LGND) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ligand Pharmaceuticals ( (LGND) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Ligand Pharmaceuticals stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Ligand Pharmaceuticals in short term but the sell signal is initial and weak.

Ligand Pharmaceuticals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ligand Pharmaceuticals in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Ligand Pharmaceuticals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 84.47 and Ligand Pharmaceuticals (LGND) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Ligand Pharmaceuticals (LGND) stock. Volume based technical analysis of Ligand Pharmaceuticals (LGND) stock is negative.

Ligand Pharmaceuticals Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.