BIOMARIN PHARMACEUTICAL INC (BMRN) Stock Technical Analysis
NASDAQ:BMRN - Nasdaq - US09061G1013 - Common Stock - Currency: USD
Overall BMRN gets a technical rating of 0 out of 10. BMRN'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.
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, BMRN is a bad performer in the overall market: 88% of all stocks are doing better.
BMRN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
BMRN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
BMRN has an average volume of 1558720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BMRN is part of the Biotechnology industry. There are 572 other stocks in this industry, BMRN did better than 51% of them.
BMRN has a poor technical rating and the quality of the setup is also only medium 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
60.63
93.14
When analyzing the support we notice one important area.
- A support zone ranging from 61.24 to 61.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @61.93 from a horizontal line in the daily time frame.
- A resistance zone ranging from 64.97 to 68.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @87.83 from a trend line in the weekly time frame.
- A resistance zone ranging from 92.06 to 92.22. 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
CRS12.08
Mansfield-2.93
10 Day High67.94
10 Day Low60.63
20 Day High69.7
20 Day Low60.63
52 Week High94.85
52 Week Low60.63
Performance
1 Week0.78%
2 Weeks-9.73%
1 Month-6.85%
3 Month-11.47%
6 Month-27.02%
12 Month-32.07%
2 Year-46.48%
3 Year-30.35%
5 Year-26.07%
10 Year-36.47%
15 Year217.71%
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)-0.44
RSI(14)35.95
LBB58.91
UBB69.83
BIOMARIN PHARMACEUTICAL INC
NASDAQ:BMRN (1/24/2025, 8:27:54 PM)
After market: 61.9999 +0.27 (+0.44%)61.73
-0.46 (-0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.74%
1 Week0.78%
2 Weeks-9.73%
1 Month-6.85%
3 Month-11.47%
6 Month-27.02%
12 Month-32.07%
2 Year-46.48%
3 Year-30.35%
5 Year-26.07%
10 Year-36.47%
15 Year217.71%
Volatility
ATR(14)1.83
ATR(20)%2.66%
ATR Inc-10.03%
Range Today1.7
ADR(20)1.59
ADR(20)%2.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.08
Mansfield-2.93
10 Day High67.94
10 Day Low60.63
20 Day High69.7
20 Day Low60.63
52 Week High94.85
52 Week Low60.63
CS1 End61.52
CR1 Start61.93
Volume & EV
DER(3)3.45%
DER(5)5.27%
Volume2.67M
Volume Incr58.86%
Vol(5)2.34M
Vol(50)1.56M