Chart pattern
LGND chart pattern — Ligand Pharmaceuticals
1 formation detected on the latest close (Nov 06, 2026).
Rectangle / Trading Range · Weekly candles
NeutralForming
Last close$306.20
Trigger—
Upper boundary$326.41
Lower boundary$267.25
Pattern spanJul 10, 2026 → 17 bars
Touches7
Fit score83/100
A flat ceiling and a flat floor — price simply oscillating between two well-defended prices. Trigger: A close outside the box. The taller and better-tested the box, the more the break matters. Invalidation: Price re-entering the box after the break, which turns the move into a false breakout.
Automated detection for education and research; not a recommendation. Levels are drawn from split-adjusted daily prices.