Technical Analysis for LM - Legg Mason, Inc.

Grade Last Price % Change $ Change
grade B $34.77 -0.14% -0.05
LM closed down 0.14 percent on Wednesday, March 22, 2017, on 57 percent of normal volume. It was able to find support at its 50 day moving average. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent Alerts
ADX Long-Term Intermediate-Term Short-Term
Strong Up Flat Down
See historical LM trend table...

Date Alert Name Type % Chg
Mar 22 50 DMA Support Bullish 0.00%
Mar 22 Hammer Candlestick Bullish 0.00%
Mar 22 Lower Bollinger Band Walk Other 0.00%
Mar 22 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Mar 21 New Downtrend Bearish -0.14%
Mar 21 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -0.14%
Mar 20 NR7 Range Contraction -2.17%
Mar 20 Narrow Range Bar Range Contraction -2.17%
Mar 20 Stochastic Reached Oversold Other -2.17%
Mar 17 Evening Star Bearish -2.82%

Older signals for LM ...

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Basic chart:

Profile
Legg Mason, Inc. is a publicly owned asset management holding company. The firm through its subsidiaries provides investment management and related services to institutional and individual clients, company-sponsored mutual funds and other pooled investment vehicles. Legg Mason, Inc. was founded in 1899 and is based in Baltimore, Maryland.
Is LM a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 38.76
52 Week Low 27.02
Average Volume 1,641,429
200-Day Moving Average 32.4424
50-Day Moving Average 34.698
20-Day Moving Average 36.415
10-Day Moving Average 35.873
Average True Range 0.7813
ADX 27.06
+DI 23.61
-DI: 32.31
Chandelier Exit (Long, 3 ATRs) 36.4161
Chandelier Exit (Short, 3 ATRs) 36.4839
Upper Bollinger Band 37.9144
Lower Bollinger Band 34.9156
Percent B (%b) -0.05
Bandwidth 0.082351