NEUROCRINE BIOSCIENCES INC (NBIX) Stock Technical Analysis
NASDAQ:NBIX - Nasdaq - US64125C1099 - Common Stock
We assign a technical rating of 7 out of 10 to NBIX. NBIX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long and short term trends are both positive. This is looking good!
NBIX is one of the better performing stocks in the Biotechnology industry, it outperforms 78% of 572 stocks in the same industry.
NBIX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NBIX is lagging the market slightly.
In the last month NBIX has a been trading in the 132.83 - 146.27 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, NBIX did better than 74% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, NBIX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 141.02, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
117.94
147.34
We found 3 important support areas.
- A support zone ranging from 137.91 to 141.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 125.43 to 126.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @119.13 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
CRS74.8
Mansfield-0.11
10 Day High146.27
10 Day Low136.13
20 Day High146.27
20 Day Low132.83
52 Week High157.98
52 Week Low110.95
Performance
1 Week1.99%
2 Weeks5.63%
1 Month7.7%
3 Month25.67%
6 Month-0.63%
12 Month2.62%
2 Year31.51%
3 Year84.61%
5 Year45.76%
10 Year333.39%
15 Year6107.66%
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)0.23
RSI(14)70.01
LBB134.31
UBB145.64
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 146.28 | 136.12 | 10.16 (6.95%) | 14.40% |
| An entry @146.28. This is a Buy Stop order right above the 10 day high. | An exit @136.12. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 10.16 points, which is 6.95%. | When investing 14.40% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NEUROCRINE BIOSCIENCES INC
NASDAQ:NBIX (1/21/2025, 6:08:38 PM)
After market: 145.88 0 (0%)145.88
+2.62 (+1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.83%
1 Week1.99%
2 Weeks5.63%
1 Month7.7%
3 Month25.67%
6 Month-0.63%
12 Month2.62%
2 Year31.51%
3 Year84.61%
5 Year45.76%
10 Year333.39%
15 Year6107.66%
Volatility
ATR(14)3.41
ATR(20)%2.23%
ATR Inc-5.05%
Range Today2.79
ADR(20)3.19
ADR(20)%2.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.8
Mansfield-0.11
10 Day High146.27
10 Day Low136.13
20 Day High146.27
20 Day Low132.83
52 Week High157.98
52 Week Low110.95
CS1 End141.02
CR1 StartN/A
Volume & EV
DER(3)0.11%
DER(5)-0.68%
Volume1.18M
Volume Incr-11.59%
Vol(5)948.87K
Vol(50)977.32K