LIGAND PHARM Technical Analysis Overview

LGNZZ -- USA Stock  

USD 0.07  0.01  11.76%

LIGAND PHARM INC secures Mean Deviation of 3.04 and Risk Adjusted Performance of 0.026925. Macroaxis technical analysis interface lets you check helpful technical drivers of LIGAND PHARM INC as well as the relationship between them. Strictly speaking you can use this information to find out if the firm will indeed mirror its model of past prices or the prices will eventually revert. We found nineteen technical drivers for LIGAND PHARM which can be compared to its peers in the industry. Please verify LIGAND PHARM INC Standard Deviation, Value At Risk, Kurtosis, as well as the relationship between Jensen Alpha and Semi Variance to decide if LIGAND PHARM INC is priced fairly providing market reflects its recent price of 0.075 per share. As LIGAND PHARM INC appears to be a penny stock we also strongly suggest to check its Total Risk Alpha numbers.
Horizon     30 Days    Login   to change

LIGAND PHARM INC Technical Analysis

Indicator
Time Period
  Portfolio Suggestion    
  
Execute Indicator
 
The output start index for this execution was fourteen with a total number of output elements of three. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of LIGAND PHARM INC volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

LIGAND PHARM INC Trend Analysis

Use this graph to draw trend lines for LIGAND PHARM INC. You can use it to identify possible trend reversals for LIGAND PHARM as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual LIGAND PHARM price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

LIGAND PHARM Best Fit Change Line

The following chart estimates an ordinary least squares regression model for LIGAND PHARM INC applied against its price change over selected period. The best fit line has a slop of 0.0004 % which may suggest that LIGAND PHARM INC market price will keep on failing further. It has 34 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted LIGAND PHARM price change compared to its average price change.

Diversify with LIGAND PHARM INC

Build Optimal Portfolios

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations when you add LIGAND PHARM INC to your portfolio

LIGAND PHARM Market Strength

LIGAND PHARM November 16, 2018 Daily Price Condition

Please see also Stocks Correlation. Please also try Money Flow Index module to determine momentum by analyzing money flow index and other technical indicators.
Search macroaxis.com