BIOGEN INC (BIIB) Stock Technical Analysis
NASDAQ:BIIB - Nasdaq - US09062X1037 - Common Stock
We assign a technical rating of 0 out of 10 to BIIB. 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.
When comparing the yearly performance of all stocks, BIIB is a bad performer in the overall market: 92% of all stocks are doing better.
BIIB is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month BIIB has a been trading in the 139.71 - 156.37 range, which is quite wide. It is currently trading near the lows of this range.
BIIB has an average volume of 1490010 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BIIB is part of the Biotechnology industry. There are 572 other stocks in this industry, BIIB did better than 43% of them.
BIIB has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
141.32
202.73
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 145.25 to 147.86. 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 152.22 to 156.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @188.70 from a trend line in the weekly time frame.
- Resistance @200.72 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.47
Mansfield-3.54
10 Day High156.37
10 Day Low139.71
20 Day High156.37
20 Day Low139.71
52 Week High251.99
52 Week Low139.71
Performance
1 Week-0.22%
2 Weeks-6.86%
1 Month-3.15%
3 Month-21.43%
6 Month-32.4%
12 Month-41.69%
2 Year-50.93%
3 Year-36.84%
5 Year-46.9%
10 Year-60.18%
15 Year188.38%
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)-0.4
RSI(14)35.55
LBB137.12
UBB157.29
BIOGEN INC
NASDAQ:BIIB (1/22/2025, 8:07:25 PM)
After market: 142.75 0 (0%)142.75
+1.77 (+1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.26%
1 Week-0.22%
2 Weeks-6.86%
1 Month-3.15%
3 Month-21.43%
6 Month-32.4%
12 Month-41.69%
2 Year-50.93%
3 Year-36.84%
5 Year-46.9%
10 Year-60.18%
15 Year188.38%
Volatility
ATR(14)3.61
ATR(20)%2.44%
ATR Inc-33.32%
Range Today3.44
ADR(20)3.43
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.47
Mansfield-3.54
10 Day High156.37
10 Day Low139.71
20 Day High156.37
20 Day Low139.71
52 Week High251.99
52 Week Low139.71
CS1 EndN/A
CR1 Start145.25
Volume & EV
DER(3)2.27%
DER(5)0.4%
Volume1.08M
Volume Incr-17.74%
Vol(5)1.23M
Vol(50)1.49M