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Legend Biotech Corporation

Stage 4 · Declining · week 8

As of Oct 22, 2026, Legend Biotech is in Stage 4, the downtrend phase, now in week 8 (since Aug 31, 2026). It closed at $18.90, 47.9% below its 52-week high and below its 200-day average, which is falling.

Legend Biotech Corporation, through its subsidiaries, operates as a biopharmaceutical company that discovers, develops, manufactures, and commercializes novel cell therapies for oncology and other ind… More about the company

$18.90
+0.36% today
$3.7B · Mid cap
Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Accelerating ⇈

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22
S3 13w
S4 14w
S4 23w
S4 28w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 3w → S3 13w → S4 11w → S1 6w → S4 14w → S1 8w → S2 3w → S3 1w → S4 23w → S1 4w → S4 11w → S1 5w → S2 6w → S3 3w → S4 28w → S1 7w → S2 7w → S3 5w → S4 8w current
Total tracked: 164 weeks across 19 stage runs.

LEGN among Biotechnology328th of 591 by relative strength

All 591 →
Stocks in Biotechnology ranked by relative strength, with stage and one-month change
#StockStageRS1M
1GTBPStage 2 · wk 799−22.3%
2IOVAStage 2 · wk 1899+38.8%
3SLSStage 3 · wk 499−1.5%
4MRNAStage 2 · wk 1799+11.3%
5TWSTStage 2 · wk 3999−14.5%
6KODStage 2 · wk 499+172.1%
7ERASStage 3 · wk 599+0.7%
8CLYMStage 3 · wk 399−15.8%
…328LEGNStage 4 · wk 827+2.4%
vs 52W High
-47.9%
$16.65 lo$36.28 hi
47.9% below 52W high, deep Stage 4 damage
In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.
Stage Maturity
Week 8
1w13w26w
Week 8, established downtrend
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.
vs 200 DMA
-14.8%
200 DMA: $22.19 · sloping down
In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.
Rel Volume
0.57x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.
Trend Health
↗ ⇈
Short-term trend rising gently, and accelerating
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
+2.4%
3M
-14.9%
6M
-21.2%
YTD
-12.1%
1Y
-42.5%
Scan Membership
Breakout Watch
Latest: 2024-09-10
6 appearances in last 60 days. First seen: 2021-05-21.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S4
Wk 8 · Vol 0.57x
2026-10-21S4
Wk 8 · Vol 0.65x
2026-10-20S4
Wk 8 · Vol 0.52x
2026-10-19S4
Wk 7 · Vol 0.86x
2026-10-16S4
Wk 7 · Vol 1.36x
2026-10-15S4
Wk 7 · Vol 0.72x
2026-10-14S4
Wk 7 · Vol 1.63x
2026-10-13S4
Wk 7 · Vol 1.14x
2026-10-12S4
Wk 6 · Vol 1.22x
2026-10-09S4
Wk 6 · Vol 0.63x
2026-10-08S4
Wk 6 · Vol 0.98x
2026-10-07S4
Wk 6 · Vol 0.70x
Moving averages & range
50 DMA
$19.54
200 DMA
$22.19
52W High
$36.28
52W Low
$16.65
5D Low
$18.48
Resistance levels (recent highs)
20d High
$19.89
60d High
$22.60
120d High
$36.28
250d High
$36.28
Next resistance
+5.2%
to 20d High
ROE
-8.1%
Profit margin -7.2%
Dividend Yield
0.00%
P/B 3.0

Legend Biotech: quick answers

What stage is Legend Biotech in?

As of Oct 22, 2026, Legend Biotech (LEGN) is in Stage 4, the downtrend phase. It entered Stage 4 on Aug 31, 2026 and is in week 8. What the four stages mean

Is Legend Biotech in an uptrend?

No. Legend Biotech is in a Stage 4 downtrend. It trades 14.8% below its 200-day average, which is falling.

How far is Legend Biotech from its 52-week high?

Legend Biotech closed at $18.90 on Oct 22, 2026, 47.9% below its 52-week high of $36.28. Its 52-week low is $16.65.

How has Legend Biotech performed over the past year?

As of Oct 22, 2026, Legend Biotech is down 42.5% over the past year and down 12.1% so far in 2026.

Which sector and industry is Legend Biotech in?

Legend Biotech is in the Biotechnology industry, part of the Health Care sector.

About this companyHealth Care· Biotechnology

Legend Biotech Corporation, through its subsidiaries, operates as a biopharmaceutical company that discovers, develops, manufactures, and commercializes novel cell therapies for oncology and other indications in the United States, China, and Europe. Its lead product candidate is ciltacabtagene autoleucel, or cilta-cel, which is a chimeric antigen receptor (CAR-T) therapy for the treatment of multiple myeloma (MM). The company also has a portfolio of earlier-stage autologous CAR-T product candidates targeting various cancers, including acute lymphoblastic leukemia, gastric cancer, esophageal cancer, pancreatic cancer, colorectal cancer, small cell lung cancer, and non-small cell lung cancer. In addition, it develops allogeneic gamma delta CAR-T and allogeneic CAR-NK product candidates targeting B-cell maturation antigen (BCMA) for MM, which are in investigator-initiated Phase 1 clinical trials in China. The company has a collaboration and license agreement with Janssen Biotech, Inc. for the development and commercialization of cilta-cel, as well as a license agreement with Novartis Pharma AG for the development, manufacture, and commercialization of CAR-T cell therapies targeting delta-like ligand protein 3. Legend Biotech Corporation was founded in 2014 and is headquartered in Somerset, New Jersey.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.