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Is LGND likely to continue higher? Crossed Above 20 Day Moving Average shows up after advancing 2.34%

SwingTradeBot Nightly Stock Scan: Ligand Pharmaceuticals Incorporated (LGND) — Technical Patterns & Alerts · Jul 17, 2026, 17:44 ET
LGND closed up 2.34% on Friday, July 17th, with volume running 0.8× below average. Mixed technical signals appeared with Crossed Above 20 DMA suggesting upside potential, while New Downtrend and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 293.86, 284.33 & 278.46, with resistance at 309.26, 315.13 & 324.66.

Current SwingTradeBot Technical Rating of LGND: A

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Ligand Pharmaceuticals Incorporated (LGND)