Technical Analysis for LM - Legg Mason, Inc.
|Grade||Last Price||% Change||$ Change|
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.
Trend Table & Recent Alerts
|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%|
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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|
|Oversold / Overbought|
|Summary:||Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more LM news...
|52 Week High||38.76|
|52 Week Low||27.02|
|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|
|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|