BIOGEN INC (BIIB)

US09062X1037 - Common Stock

146.47  -0.92 (-0.62%)

After market: 145.698 -0.77 (-0.53%)

Technical Rating and Analysis

0

Taking everything into account, BIIB scores 0 out of 10 in our technical rating. BIIB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
91% of all other stocks performed better in the past year than BIIB.
BIIB is part of the Biotechnology industry. There are 568 other stocks in this industry, of which 60% are performing better than BIIB.
BIIB is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so BIIB is lagging the market.
In the last month BIIB has a been trading in the 145.07 - 165.28 range, which is quite wide. It is currently trading near the lows of this range.
BIIB has an average volume of 1592100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
BIIB Weekly chart
BIIB Daily chart
Setup Rating and Analysis

3

The technical rating of BIIB is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

145.01

207.97

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 151.74 to 152.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 158.66 to 160.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @164.24 from a horizontal line in the daily time frame.
  • Resistance @195.89 from a trend line in the weekly time frame.
  • Resistance @205.91 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.04
Mansfield-3.67
10 Day High160.74
10 Day Low145.07
20 Day High165.29
20 Day Low145.07
52 Week High268.3
52 Week Low145.07
Performance
1 Week-2.37%
2 Weeks-7.17%
1 Month-7.3%
3 Month-26.53%
6 Month-34.61%
12 Month-43.22%
2 Year-47.11%
3 Year-38.95%
5 Year-50.64%
10 Year-53.16%
15 Year197.22%
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)-0.37
RSI(14)24.17
LBB143.96
UBB164.07
BIIB Daily chart

BIOGEN INC

NASDAQ:BIIB (12/20/2024, 8:00:01 PM)

After market: 145.698 -0.77 (-0.53%)

146.47

-0.92 (-0.62%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.62%
1 Week-2.37%
2 Weeks-7.17%
1 Month-7.3%
3 Month-26.53%
6 Month-34.61%
12 Month-43.22%
2 Year-47.11%
3 Year-38.95%
5 Year-50.64%
10 Year-53.16%
15 Year197.22%
Volatility
ATR(14)3.8
ATR(20)%2.51%
ATR Inc-27.33%
Range Today2.78
ADR(20)3.56
ADR(20)%2.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.04
Mansfield-3.67
10 Day High160.74
10 Day Low145.07
20 Day High165.29
20 Day Low145.07
52 Week High268.3
52 Week Low145.07
CS1 EndN/A
CR1 Start151.74
Volume & EV
DER(3)0.15%
DER(5)-1.23%
Volume5.78M
Volume Incr65.78%
Vol(5)2.44M
Vol(50)1.59M