BIOGEN INC (BIIB)

US09062X1037 - Common Stock

159.99  -4.9 (-2.97%)

After market: 159.99 0 (0%)

Technical Rating and Analysis

0

Taking everything into account, BIIB scores 0 out of 10 in our technical rating. BIIB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, BIIB is a bad performer in the overall market: 89% of all stocks are doing better.
BIIB is one of the lesser performing stocks in the Biotechnology industry. 61% of 565 stocks in the same industry do 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 159.60 - 190.40 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
BIIB has an average volume of 1395920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
BIIB Weekly chart
BIIB Daily chart
Setup Rating and Analysis

1

The technical rating of BIIB is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

158.39

232.37

4 important resistance areas can be observed.

  • A resistance zone ranging from 175.11 to 176.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @203.07 from a trend line in the weekly time frame.
  • Resistance @211.09 from a trend line in the weekly time frame.
  • Strong resistance @230.07 from a horizontal line in the daily 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
CRS11.19
Mansfield-3.44
10 Day High179.2
10 Day Low159.6
20 Day High190.4
20 Day Low159.6
52 Week High268.3
52 Week Low159.6
Performance
1 Week-7.54%
2 Weeks-7.94%
1 Month-15.87%
3 Month-20.76%
6 Month-30.61%
12 Month-29.83%
2 Year-47.57%
3 Year-32.13%
5 Year-46.64%
10 Year-43.55%
15 Year270.03%
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)-1.16
RSI(14)20.35
LBB160.52
UBB184.51
BIIB Daily chart

BIOGEN INC

NASDAQ:BIIB (11/15/2024, 8:00:00 PM)

After market: 159.99 0 (0%)

159.99

-4.9 (-2.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.97%
1 Week-7.54%
2 Weeks-7.94%
1 Month-15.87%
3 Month-20.76%
6 Month-30.61%
12 Month-29.83%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.37
ATR(20)%3.19%
ATR Inc
Range Today6.74
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High179.2
10 Day Low159.6
20 Day High190.4
20 Day Low159.6
52 Week High268.3
52 Week Low159.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.92M
Volume Incr29.12%
Vol(5)1.88M
Vol(50)1.40M