AMGEN INC (AMGN) Stock Technical Analysis
NASDAQ:AMGN - Nasdaq - US0311621009 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to AMGN. AMGN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
AMGN is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month AMGN has a been trading in the 267.40 - 315.00 range, which is quite wide. It is currently trading near the lows of this range.
AMGN is part of the Biotechnology industry. There are 568 other stocks in this industry. AMGN outperforms 79% of them.
AMGN has an average volume of 3143360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that AMGN is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Although the technical rating is bad, AMGN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 287.90. Right above this resistance zone may be a good entry point.
More info and screens
255.99
339.33
We found 2 important support areas.
- Support @274.23 from a trend line in the daily time frame.
- A support zone ranging from 258.58 to 261.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 287.90 to 295.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @328.35 from a horizontal line in the daily time frame.
- A resistance zone ranging from 334.85 to 335.97. 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
CRS73.48
Mansfield-0.54
10 Day High296.17
10 Day Low268.5
20 Day High315
20 Day Low267.4
52 Week High346.85
52 Week Low253.3
Performance
1 Week-0.99%
2 Weeks-3.86%
1 Month-8.46%
3 Month1.6%
6 Month-11.72%
12 Month3.65%
2 Year16.73%
3 Year20.01%
5 Year16.98%
10 Year77.21%
15 Year388.29%
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)-1.26
RSI(14)40.12
LBB270.49
UBB298.33
279.84
+1.94 (+0.7%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.7%
1 Week-0.99%
2 Weeks-3.86%
1 Month-8.46%
3 Month1.6%
6 Month-11.72%
12 Month3.65%
2 Year16.73%
3 Year20.01%
5 Year16.98%
10 Year77.21%
15 Year388.29%
Volatility
ATR(14)12.63
ATR(20)%3.87%
ATR Inc-40.87%
Range Today7.84
ADR(20)10.38
ADR(20)%3.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.48
Mansfield-0.54
10 Day High296.17
10 Day Low268.5
20 Day High315
20 Day Low267.4
52 Week High346.85
52 Week Low253.3
CS1 End274.23
CR1 Start287.9
Volume & EV
DER(3)-0.35%
DER(5)-0.6%
Volume2.26M
Volume Incr-25.36%
Vol(5)2.64M
Vol(50)3.14M