Legg Mason Partners Fund Momentum Indicators Average Directional Movement Index

QLMACX Fund  USD 14.22  0.05  0.35%   
Legg Mason momentum indicators tool provides the execution environment for running the Average Directional Movement Index indicator and other technical functions against Legg Mason. Legg Mason value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Average Directional Movement Index indicator function is designed to identify and follow existing trends. Momentum indicators of Legg Mason are pattern recognition functions that provide distinct formation on Legg Mason potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The average directional index (ADX) measures the strength of a prevailing trend of Legg Mason Partners and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low Legg Mason ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator

Legg Mason Technical Analysis Modules

Most technical analysis of Legg Mason help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Legg from various momentum indicators to cycle indicators. When you analyze Legg charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Legg Mason Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Legg Mason Partners. We use our internally-developed statistical techniques to arrive at the intrinsic value of Legg Mason Partners based on widely used predictive technical indicators. In general, we focus on analyzing Legg Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Legg Mason's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Legg Mason's intrinsic value. In addition to deriving basic predictive indicators for Legg Mason, we also check how macroeconomic factors affect Legg Mason price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
13.7114.2214.73
Details
Intrinsic
Valuation
LowRealHigh
13.6514.1614.67
Details
Naive
Forecast
LowNextHigh
13.6014.1114.62
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
13.9114.1714.42
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Legg Mason. Your research has to be compared to or analyzed against Legg Mason's peers to derive any actionable benefits. When done correctly, Legg Mason's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Legg Mason Partners.

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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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Other Information on Investing in Legg Fund

Legg Mason financial ratios help investors to determine whether Legg Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Legg with respect to the benefits of owning Legg Mason security.
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