Technical analysis from Legal & General (LGEN.L, LON:LGEN) on the London Stock Exchange (LSE). Download the latest price data & trading signals

Legal & General
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[Uptrend]: A higher high has been achieved for last trading day for LGEN
Short Trend /
[Uptrend]: A higher high has been achieved for last trading day for LGEN

[BULLISH]: Legal & General is in an uptrend in the short term timeframe. The current rally number is 1 & the highest rally count for the LTM is 7

Price spike caused by low volume trading for Legal & General  during last trading session
Ease of Movement /
Price spike caused by low volume trading for Legal & General during last trading session

LGEN: EOM Current Signal -> (1) 22 Jun: BULLISH EASY (2) 21 Jun: BEARISH EASY (3) 20 Jun: BULLISH EASY

Daily Volume Index /
Market conditions are indicating DVI distribution is current for LGEN

[BEARISH]: Legal & General current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -81215.

MACD /

[BEARISH]: Legal & General currently has negative MACD of -0.6077. This means the signal line is less than the MACD line signalling a bearish movement.

Detrended Price Oscillator /
Price is currently below the displaced moving average for LGEN [Bearish]

[BEARISH]: Legal & General currently has a confirmed downtrend. Price is currently below the displaced moving average for LGEN. Currently, the return on DPO20 is 1.6%.

Woodie Pivot Point /
Legal & General has moved above the R1 Woodie pivot point ($272.4) [Bullish]

Legal & General has broken the first Woodie resistance point ($272.4) [Bullish]. Look for a long limit order entry near this point. Exit price for LGEN should be set @$274.3 & Stoploss for Legal & General should be set at $262.7

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Open Tod Vs Close Tod /
Open/close reversal: Buyers have taken control during the trading day for LGEN

[BULLISH]: Legal & General opened in the middle part of daily range at 37.9% & closed in the upper part of the trading range at 84.5%. This suggests the buyers have taken control. Over the last 12 months there has been 23 trading days with the opening price in the middle shadow & the closing the price in the upper shadow giving a confirmation ratio of 8.7%. Over the last month there has been 3 trading days with the opening price in the middle price range & the closing the price in the upper price range giving a confirmation ratio of 20%.

Accumulation / Distribution /
Legal & General is being actively distributed

[BEARISH]: Legal & General current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -1.12591e+008.

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[Uptrend]: The third timeframe trend for Legal & General  remains intact
Long Trend /
[Uptrend]: The third timeframe trend for Legal & General remains intact

LGEN: Long Term Trend Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

Legal & General : Average True Range (4.644) has confirmed an uptrend is present
Average True Range /
Legal & General : Average True Range (4.644) has confirmed an uptrend is present

[Bullish]: Average True Range has confirmed an uptrend is present. Legal & General has a TR of 5.8, and an ATR(14) of 4.644.

Pivot Points /
Legal & General has moved above the R1 pivot point ($271.734) [Bullish]

Legal & General has broken the first resistance point ($271.734) [Bullish]. Look for a long limit order entry near this point. Exit price for LGEN should be set @$273.967 & Stoploss for Legal & General should be set between $262.367 & $260.134

Momentum /
Momentum(5) is now increasing for Legal & General

[BULLISH CROSSOVER]: Legal & General currently has positive momentum of 4.5. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 1.6%. The largest upward momentum rally for the last 3 months is 15 days producing a return of 6.6%.

Exponential Moving Average /
[Bullish]: EMA(5) is serving as a support line for Legal & General

[BULLISH]: Legal & General currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is 1.6%.

Legal & General : Buyers continue to be increasingly eager.
Range Tod Vs Range Yest /
Legal & General : Buyers continue to be increasingly eager.

[BULLISH]: Legal & General buyers are increasingly eager. There has been 2 consecutive days of range increase for LGEN adding strength to an uptrend in the first timeframe. The biggest price range this month has been $15.4000 & the greatest daily price range this year has been $38.8000. The price range ratio this week versus the quarterly price range is 0.5x & the price range ratio this month versus the year to date price range is 0.4x.

[Bullish]: Legal & General  has opened -0.4 % stronger
Opening Price /
[Bullish]: Legal & General has opened -0.4 % stronger

[BULLISH]: Legal & General opening price has gapped up. Currently, the OPEN is $266.8 (-0.4 %).

Low Price /
Legal & General : Daily low price is $264.6 [Lower Low]

LGEN: LOW Recent Trading -> (1) 22 Jun: 264.6 (2) 21 Jun: 264.2 (3) 20 Jun: 266.6

Ulcer Index /
Recent upward trend has reduced drawdown exposure associated with Legal & General

LGEN: UIX Current Signal -> (1) 22 Jun: Low stress (2) 21 Jun: Low stress (3) 20 Jun: Low stress

Bill Williams Market Facilitation /
The markets willingness to move the price is like to continue for LGEN

Legal & General Currently is a confirmed Green Day. Both MFI & volume are down for LGEN. Trend continuation likely for LGEN from increased trading activity.

Closing price for LGEN is still below the lower envelope signalling a bullish movement
Moving Average Envelope /
Closing price for LGEN is still below the lower envelope signalling a bullish movement

[BULLISH]: Legal & General current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 258.827.

First timeframe trend of Legal & General  has signalled a rally day
Coles Reaction Day /
First timeframe trend of Legal & General has signalled a rally day

Legal & General : Coles Rally Day has been confirmed A higher high has been achieved for last trading day for LGEN

[Bullish]: Legal & General  has beaten previous volume by 20.5
Volume /
[Bullish]: Legal & General has beaten previous volume by 20.5

[BULLISH]: Legal & General current volume uptrend in the first timeframe. Volume for LGEN is 2.60443e+007 (20.5).

MACD Volume /
Negative momentum on the Volume MACD histogram for LGEN is maintained & supports a bearish move is likely

LGEN: Volume MACD Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH CROSSOVER (3) 20 Jun: BULLISH

High Price /
LGEN has achieved a new high of $270.4 (0.7 %)

[BULLISH]: Legal & General current uptrend in the first timeframe. Currently, the HIGH is 0.7 %.

Sine Weighted Moving Average /
[Uptrend]: Recent trading for LGEN confirms bullish SWMA(5) signal

[BULLISH]: Legal & General currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 1.6%.

White Candle /
LGEN Basic Candle: White

[BULLISH]: Legal & General has formed a White candlestick. Normal buying pressure highlighting buyers were in control.

Selling pressure for Legal & General  continues - bearish signal
Chaikin Money Flow /
Selling pressure for Legal & General continues - bearish signal

[BEARISH]: Legal & General current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.32. LGEN The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.38

Negative ROC for LGEN is a leading indicator for continued price fall
Rate of Change /
Negative ROC for LGEN is a leading indicator for continued price fall

[BEARISH]: Legal & General currently has negative rate of change of -1.535%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Percentage Price /
PPO has negative momentum signalling a continuation of downward price fall for LGEN

LGEN: PPO Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH

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