Ligand Pharmaceuticals (LGND, $105.62) Moving Average Convergence Divergence (MACD) Histogram turned negative on May 7, 2025

#Biotechnology, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #SmallCap, #Russel2000
LGND - Ligand Pharmaceuticals
MACD signal
Bearish Trend
82%
Odds of DOWN Trend
Price: $105.62
Daily change: +$2.3 (+2.23%)
Daily volume: 146.6K
Industry: Biotechnology

This is a Bearish indicator signaling LGND's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 45 similar cases where LGND's MACD histogram became negative, and 37 of them led to successful outcomes. Odds of Success: 82%.