Is Ligand Pharmaceuticals, Inc. technically bullish or bearish?

As of 18 July 2025, the technical trend for Ligand Pharmaceuticals, Inc. has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are bullish, supporting the overall positive stance. The Bollinger Bands are also bullish on both weekly and monthly time frames. However, the weekly RSI is bearish, indicating some short-term weakness. Moving averages are bullish on a daily basis, and the KST is bullish on both weekly and monthly levels. Dow Theory shows a mildly bullish stance on both weekly and monthly time frames, while the OBV is mildly bearish weekly but bullish monthly.
In terms of performance, Ligand Pharmaceuticals has outperformed the S&P 500 across multiple periods, with a year-to-date return of 58.50% compared to the S&P 500's 12.22%, and a one-year return of 63.80% versus 17.14%. Overall, the current technical stance is bullish, with strong indicators supporting this view, despite some short-term bearish signals from the RSI.