AMGEN INC (AMG.DE) Stock Technical Analysis
FRA:AMG - Deutsche Boerse Ag - US0311621009 - Common Stock - Currency: EUR
We assign a technical rating of 10 out of 10 to AMG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMG is showing a nice and steady performance.
Warning: AMG has an average volume of 571 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, AMG did better than 87% of all other stocks.
AMG is one of the better performing stocks in the Biotechnology industry, it outperforms 77% of 72 stocks in the same industry.
AMG is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month AMG has a been trading in the 277.00 - 302.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, AMG also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 301.20. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 297.50, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
246.76
315.64
6 important support areas can be observed.
- A support zone ranging from 295.87 to 297.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 289.88 to 290.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @284.95 from a horizontal line in the daily time frame.
- A support zone ranging from 274.55 to 279.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @259.12 from a trend line in the weekly time frame.
- A support zone ranging from 249.25 to 250.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @301.20 from a horizontal line in the daily time frame.
- A resistance zone ranging from 310.10 to 312.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.62
Mansfield0.38
10 Day High302.8
10 Day Low288
20 Day High302.8
20 Day Low277
52 Week High318.05
52 Week Low243.3
Performance
1 Week2.46%
2 Weeks4.29%
1 Month5.52%
3 Month16.3%
6 Month3.68%
12 Month18.8%
2 Year36.1%
3 Year36.91%
5 Year59.88%
10 Year98.87%
15 Year571.37%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.16
RSI(14)61.28
LBB282.08
UBB304.24
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 301.21 | 295.86 | 5.35 (1.78%) | 25.00% |
| An entry @301.21. This is a Buy Stop order right above the resistance zone. | An exit @295.86. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.35 points, which is 1.78%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.44%. |
- The distance between exit and entry is rather small compared to the average daily movement of AMG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:AMG (3/7/2025, 7:00:00 PM)
300.1
+7.6 (+2.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.6%
1 Week2.46%
2 Weeks4.29%
1 Month5.52%
3 Month16.3%
6 Month3.68%
12 Month18.8%
2 Year36.1%
3 Year36.91%
5 Year59.88%
10 Year98.87%
15 Year571.37%
Volatility
ATR(14)8.73
ATR(20)%2.52%
ATR Inc-15.55%
Range Today10.75
ADR(20)5.9
ADR(20)%1.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.62
Mansfield0.38
10 Day High302.8
10 Day Low288
20 Day High302.8
20 Day Low277
52 Week High318.05
52 Week Low243.3
CS1 End297.5
CR1 Start301.2
Volume & EV
DER(3)0%
DER(5)0.11%
Volume573
Volume Incr213.81%
Vol(5)1.50K
Vol(50)571.6