LGND (NASDAQ)

LGND NASDAQ

Ligand Pharmaceuticals

STAY LONG

158.79

Prev.Close

159.08

Change

-0.2900

Change%

-0.18%

BEARISH THREE GAP UPS

Bought at

154.07

Open

158.88

High

159.81

Low

157.52

158.79

Gain%

+3.06%

Signal History

Date	Price	Signal	Change%		$100⇨
08/19	154.07	BUY	+3.1%	✔	156
08/15	152.73	SELL	+0.9%	❌	157
08/04	134.10	BUY	+13.9%	✔ 👍	138
07/22	137.37	SELL	-2.4%	✔	138
07/02	113.66	BUY	+20.9%	✔ 👍	114
06/26	115.69	SELL	-1.8%	✔	115
06/23	114.98	BUY	+0.6%	✔	114
06/17	112.89	SELL	+1.8%	❌	114
05/30	101.61	BUY	+11.1%	✔ 👍	103
05/21	103.03	SHORT	-1.4%	✔	102
05/19	105.26	BUY	-2.1%	❌	105
05/01	109.15	SELL	-3.6%	✔	105
04/11	104.27	BUY	+4.7%	✔	101
03/26	108.78	SHORT	-4.1%	✔	97
03/17	107.62	BUY	+1.1%	✔	96
03/10	112.02	SHORT	-3.9%	✔	93
02/28	119.74	BUY	-6.4%	❌	100

† Trade commissions are taken as 0.20%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Today's recommendation from our system is to STAY LONG. The previous BUY signal was issued on 08/19/2025, 6 days ago, when the stock price was 154.07. Since then, LGND has risen by +3.06%.

Market Outlook

The market is currently exhibiting uncertainty with a negative bias. There seems to be a lack of consensus among traders. The negative sentiment, however, is increasing, as evident from the latest bearish pattern. Therefore, it's wise to stay vigilant. The share price is still not below the confirmation level and the signal is suggesting to STAY LONG, but the chance of a bearish confirmation that will change the signal to <SELL is quite high. The Delayed Intraday Module is ON. We highly recommend closely monitoring intraday price movements due to the potential downside risks involved.

Pattern Description

This is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential reversal of the current uptrend. more...

Date	Price	Signal	Change%		$100⇨
08/19	154.07	BUY	+3.1%	✔	328
08/15	152.73	SELL	+0.9%	❌	329
08/04	134.10	BUY	+13.9%	✔ 👍	289
07/22	137.37	SELL	-2.4%	✔	290
07/02	113.66	BUY	+20.9%	✔ 👍	240
06/26	115.69	SELL	-1.8%	✔	241
06/23	114.98	BUY	+0.6%	✔	240
06/17	112.89	SELL	+1.8%	❌	240
05/30	101.61	BUY	+11.1%	✔ 👍	217
05/21	103.03	SHORT	-1.4%	✔	214
05/19	105.26	BUY	-2.1%	❌	220
05/01	109.15	SELL	-3.6%	✔	220
04/11	104.27	BUY	+4.7%	✔	211
03/26	108.78	SHORT	-4.1%	✔	203
03/17	107.62	BUY	+1.1%	✔	202
03/10	112.02	SHORT	-3.9%	✔	195
02/28	119.74	BUY	-6.4%	❌	209
02/21	121.17	SELL	-1.2%	✔	210
02/14	114.82	BUY	+5.5%	✔	199
01/31	117.03	SELL	-1.9%	✔	200
01/15	110.28	BUY	+6.1%	✔	189
01/10	107.99	SHORT	+2.1%	❌	193
01/02	108.42	BUY	-0.4%	❌	195
12/18	118.98	SELL	-8.9%	✔	195
12/16	118.11	BUY	+0.7%	✔	194
12/12	118.66	SHORT	-0.5%	✔	194
12/05	122.11	BUY	-2.8%	❌	201
11/29	121.63	SELL	+0.4%	❌	201
11/26	122.92	BUY	-1.1%	❌	204
11/12	121.38	SELL	+1.3%	❌	204
11/04	110.22	BUY	+10.1%	✔ 👍	186
10/30	110.39	SELL	-0.2%	✔	186
10/14	103.46	BUY	+6.7%	✔	175
10/10	101.33	SELL	+2.1%	❌	175
10/01	100.80	BUY	+0.5%	✔	174
09/18	103.68	SELL	-2.8%	✔	175
09/11	103.09	BUY	+0.6%	✔	174
09/06	102.49	SHORT	+0.6%	❌	176
08/26	105.20	BUY	-2.6%	❌	181
08/22	104.47	SELL	+0.7%	❌	182