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LEGG MASON $LM Technical Update

The LEGG MASON (NYSE: LM) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for LM, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Technical Summary

Term →Near Mid Long
Rating Weak Weak Neutral
P1 31.19 30.10 30.21
P2 31.79 31.73 33.89
P3 32.52 33.44 37.58
Triggers may have already come
Support and Resistance Plot Chart for LM

Long Term Trading Plans for LM

August 15, 2018, 5:15 pm ET

The Technical Summary and Trading Plans for LM help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this LM Report.

LM - (Long) Support Plan

Buy over 30.21 target 33.89 stop loss @ 29.95.
The technical summary data tells us to buy LM near 30.21 with an upside target of 33.89. This data also tells us to set a stop loss @ 29.95 to protect against excessive loss in case the stock begins to move against the trade. 30.21 is the first level of support below 31.59 , and by rule, any test of support is a buy signal. In this case, support 30.21 would be being tested, so a buy signal would exist.

LM - (Short) Resistance Plan

Short under 33.89 target 30.21 stop loss @ 34.15.
The technical summary data is suggesting a short of LM as it gets near 33.89 with a downside target of 30.21. We should have a stop loss in place at 34.15 though. 33.89 is the first level of resistance above 31.59, and by rule, any test of resistance is a short signal. In this case, if resistance 33.89 is being tested, so a short signal would exist.


LM Long Term Analysis


LM EPS Analysis

LM Dividend Chart

LM Revenue chart

LM Growth rate - Quarterly

LM Growth rate - Yearly

LM PE chart

LM PEG chart