AMGEN INC (1AMGN.MI) Stock Technical Analysis
BIT:1AMGN - Euronext Milan - US0311621009 - Common Stock - Currency: EUR
Taking everything into account, 1AMGN scores 3 out of 10 in our technical rating. In the last year, 1AMGN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of 1AMGN 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.
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237.44
When analyzing the support we notice one important area.
- Support @239.84 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @295.95 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 1AMGN.MI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for 1AMGN.MI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | 1AMGN.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of 1AMGN.MI is below the rising SMA(20). |
| Relative Strength Index/RSI (14) | 44.26 | NEUTRAL | The RSI value for 1AMGN.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -11.82 | NEGATIVE | The MACD value suggests 1AMGN.MI has a negative trend. |
| Stochastics (14,3) | 19.66 | OVERSOLD | The low Stochastics value suggests 1AMGN.MI may be oversold. |
| Average True Range in percent/ATR (20) | 7.95 | HIGH VOLATILITY | The high ATR as a percentage value for 1AMGN.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 20.56 | NEUTRAL | The ADX value for 1AMGN.MI suggests a possible start of a new trend. |
BIT:1AMGN (6/2/2025, 7:00:00 PM)
251.95
+12.1 (+5.04%)