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HALAL TRADING ROOM Sharia-screened signals
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LEGNStockLegend Biotech Corp - ADR

Nasdaq Global Select Market · Healthcare · US

$18.20 last close 2026-10-12
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Alert

Verdicts genuinely change. Free email alert the moment LEGN's does — no target price to set, unlike "Alert" above.

Sharia status
COMPLIANT
Per our secondary compliance provider · assessed 2026-08-25
1 of 4 pass our own screen — the standards disagree — 3 of 7 could not be computed
HTR non-permissible income <0.01%
🕌Open research, not a fatwa — verify with your own scholar.

Trade setup

Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.

SEPARATE FROM SHARIAH
⚪ NEUTRAL — No Edge
Signals are mixed with no clear edge in either direction. Stand aside and wait for one more confluence factor.
Scores: 2 bullish / 2 bearish
37
of 100
Setup confidence — system conviction, not win probabilityD

Trade plan

Posted with a stop, a target and the level that invalidates it. It resolves into the public record either way.

BULL_FLAG · SCALP
Entry
$21.49
Stop
$20.97
Target
$22.53
Risk : Reward 2.0R

Why this signal?

The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.

Structure0 of 5 timeframes bullish · 30.4% aligned
VWAPPrice below VWAP ($18.71)
VolumeRelative volume 2.6× the 20-day average
Momentum10-day rate of change -2.1%
Overall readNEUTRAL — No Edge

Legend Biotech Corp - ADR (LEGN) is currently considered halal (Sharia-compliant), per our secondary compliance provider (last assessed 2026-08-25). See the full ratio breakdown and business-activity screen below for the reasoning.

This sits among 449 compliant Healthcare stocks we track. See compliant Healthcare stocks →

Market & analysts
Wall Street consensus
BUY
23 analysts
Institutional own.
56.7%
of shares
Momentum (10d)
-2.1%
rate of change
SMC grade
D · 37
30.4% aligned
<0.01%
Non-permissible income — HTR, from filings (2025-12-31)
D · 37
SMC grade — 30.4% timeframe alignment
-2.1%
Rate of change (10d)
BUY
Wall Street consensus (23)
56.7%
Institutional ownership

🕌 In-house Compliance Research

Computed from published company financials, balance sheet as of 2025-12-31. LEGN files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Pass

RatioValueThresholdResult
Interest-bearing debt 8.75% 30.00% Pass
Interest-bearing investments 24.73% 30.00% Pass
Non-permissible income 0.00% 5.00% Pass

Usmani Fail

RatioValueThresholdResult
Interest-bearing debt 18.41% 33.00% Pass
Interest-bearing investments 52.02% 33.00% Fail
Non-liquid assets 47.98% at least 20.00% Pass
Non-permissible income 0.00% 5.00% Pass

MSCI Fail

RatioValueThresholdResult
Interest-bearing debt 18.41% 33.33% Pass
Cash + interest-bearing securities 52.02% 33.33% Fail
Non-permissible income 0.00% 5.00% Pass

FTSE Fail

RatioValueThresholdResult
Interest-bearing debt 18.41% 33.33% Pass
Cash + interest-bearing securities 52.02% 33.33% Fail
Non-permissible income 0.00% 5.00% Pass

Dow Jones Islamic Market Unverified⚠️ a figure this standard divides by was not available — the ratios shown were computed, this standard needs one more that was not

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 5.36% 33.00% Pass
Cash + interest-bearing securities 15.15% 33.00% Pass
Non-permissible income 0.00% 5.00% Pass

S&P Shariah Unverified⚠️ a figure this standard divides by was not available — the ratios shown were computed, this standard needs one more that was not

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 4.25% 33.00% Pass
Cash + interest-bearing securities 12.01% 49.00% Pass
Non-permissible income 0.00% 5.00% Pass

MSCI M-Series Unverified⚠️ a figure this standard divides by was not available — the ratios shown were computed, this standard needs one more that was not

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 4.25% 33.33% Pass
Cash + interest-bearing securities 12.01% 33.33% Pass
Non-permissible income 0.00% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

How close is it to flipping?

Every current reading against its own line, closest first. A verdict is only as durable as that distance.

AAOIFI Standard 21 (% of market cap)non permissible income ratio 5.0pts
Usmani (% of total assets)non permissible income ratio 5.0pts
MSCI Islamic Index (% of total assets)non permissible income ratio 5.0pts
Usmani (% of total assets)investments ratio 19.0pts
MSCI Islamic Index (% of total assets)cash and interest ratio 18.7pts
FTSE Shariah Global Equity Index Series (% of total assets)cash and interest ratio 18.7pts

The numbers the ratios are built from

Read from LEGN's own filings. Every percentage on this page is one of these lines divided by another, so the inputs are shown rather than asserted.

LineFigureAs reportedRead from
RevenueTotal revenue for the period $1.0B 2025-12-31 RevenueFromContractsWithCustomers
Interest-bearing debtShort and long-term borrowings $319.1M 2025-12-31 Borrowings
Cash and interest-bearing securitiesCash, equivalents and marketable securities $901.9M 2025-12-31 CashAndCashEquivalents
Total assetsBalance sheet total $1.7B 2025-12-31 Assets
Market capDenominator for AAOIFI $3.6B live quote price x shares
36-month average market capDenominator for S&P Shariah and MSCI M-Series $14.1B 756 trading days closes x shares
24-month average market capDenominator for Dow Jones Islamic Market $11.2B 504 trading days closes x shares
Non-permissible revenueInterest and excluded income $0 2025-12-31 no interest-income tag reported in 3+ years (treated as $0)

Two dates, not one: a balance-sheet line and an income-statement line cover different windows by design, so each figure carries its own.

What changed, and when

Verdict history for LEGN. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.

  • 2026-09-07 No change recorded No verdict change for LEGN has been recorded since tracking began. The scan ledger records that the compliance detectors ran, not which symbols each pass covered.

Tracked since 2026-09-07.

36.2831.3726.4621.5616.652025-10-132026-04-142026-10-12

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
17.91
S2
18.23
S1
18.42
PIVOT
18.74
R1
18.94
R2
19.26
R3
19.45

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

7-day expected range
16.71 – 21.51
±12.56% from 19.11, made 2026-09-25 · resolves 2026-10-02
STRONG SELL
from 19 indicators
61.9% of our last 5789 forecasts landed inside their stated range, and 49.9% called the direction correctly.

Technical Summary

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

STRONG SELL
19 indicators
OscillatorsBUY
3 buy · 2 neutral · 2 sell
Moving averagesSTRONG SELL
0 buy · 0 neutral · 12 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)42.10NEUTRAL
Stochastic %K (14)16.07BUY
CCI (20)-50.58NEUTRAL
Williams %R (14)-83.93BUY
MACD (12,26,9)0.07BUY
ROC (10)-1.99SELL
Momentum (10)-0.37SELL
EMA (10)18.72SELL
SMA (10)18.88SELL
EMA (20)18.93SELL
SMA (20)18.55SELL
EMA (30)19.27SELL
SMA (30)19.16SELL
EMA (50)20.13SELL
SMA (50)19.75SELL
EMA (100)21.75SELL
SMA (100)23.85SELL
EMA (200)22.62SELL
SMA (200)22.31SELL

About Legend Biotech Corp - ADR

Healthcare · 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.

legendbiotech.com ↗

Background via Yahoo Finance — informational, not part of the verdict.

Latest Signal — 2026-08-18

BULL_FLAG
Type · SCALP
21.49
Entry
20.97
Stop
22.53
Target
LOSS
Outcome

Stop 20.97 Now 18.20 Target 22.53

Verdict

⚪ NEUTRAL — No Edge

Signals are mixed with no clear edge in either direction. Stand aside and wait for one more confluence factor.

Scores: 2 bullish / 2 bearish

Grade verdict

Weak — low conviction, small size or skip

SMC — Top Down

Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.

TimeframeBiasBars
📅 Daily RANGING 64
⏰ 4H RANGING 39
🕐 1H BEARISH 98
⏱ 15-Min BEARISH 130
⏲ 5-Min BEARISH 234

Momentum & Volume

Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.

-2.1%
Rate of change (10d)
2.6×
Volume vs its 20-day average
-0.32
MACD (no fresh cross)
$18.20
Volume POC (today)
$18.15 – $18.28
Value area

Peer Movement

How the rest of the sector moved over the same window. Context for a price move, never a cause of one.

Peer movement computing — it will appear here on its own.

Before you act on this

The questions worth asking about any verdict on this page, answered plainly.

Is this a fatwa?

No. HTR applies published screening standards to a company's own filings and shows the result under each one. It is research, not a religious ruling. For a ruling that applies to you, ask a qualified scholar.

Why can the standards disagree?

Because they measure different things. Some divide interest-bearing debt by market cap, others by total assets, and the thresholds differ too. The same filing can clear one line and cross another. HTR shows every verdict rather than averaging them into one label.

How often is this re-screened?

Ratios are recomputed when a new filing lands, and the whole watchlist is re-screened on a rolling basis. The date on the verdict above is the last time this symbol was actually recomputed, not the last time the page was built.

Do I need to purify dividends?

If a company earns some non-permissible income, many scholars hold that the same share of any dividend should be given away. The non-permissible income figure above is the number that calculation starts from — the purification calculator finishes it, showing the filing figures behind the ratio and both the proportional and the AAOIFI per-share convention.

Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.

Compare with

Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.

Peer screening computing — it will appear here on its own.

Insider Activity (90d)

Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.

BEARISH   0 buys · 1 sells

Recent: Casey Patrick John sold 48604 sh @ $14.80 (2026-06-30)

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.

NEUTRAL   report date 2026-10-06 · Asset managers net 906615 (+2612)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.