AMGEN INC (AMG.DE) Stock Technical Analysis
FRA:AMG - Deutsche Boerse Ag - US0311621009 - Common Stock - Currency: EUR
We assign a technical rating of 0 out of 10 to AMG. AMG'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.
88% of all other stocks performed better in the past year than AMG.
AMG is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so AMG is lagging the market.
Warning: AMG has an average volume of 779 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month AMG has a been trading in the 230.75 - 256.50 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
AMG is an average performer in the Biotechnology industry, it outperforms 57% of 71 stocks in the same industry.
Although the technical rating is bad, AMG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 239.44, a Stop Loss order could be placed below this zone.
More info and screens
233.48
305.12
We found 1 important support area.
- A support zone ranging from 235.84 to 239.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 241.50 to 246.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 254.21 to 255.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @292.50 from a horizontal line in the daily time frame.
- A resistance zone ranging from 301.90 to 302.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for AMG.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMG.DE is down. |
| ChartMill Relative Strength | 12.15 | NEGATIVE | AMG.DE has a low relative strength, it was outperformed by 87.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMG.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AMG.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AMG.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.79 | NEUTRAL | The RSI value for AMG.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.04 | POSITIVE | The MACD value suggests AMG.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.09 | NEUTRAL | The Stochastics value for AMG.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for AMG.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 24.47 | NEUTRAL | The ADX value for AMG.DE suggests a possible start of a new trend. |
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)
FRA:AMG (5/23/2025, 7:00:00 PM)
239.45
+0.35 (+0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.15%
1 Week-1.44%
2 Weeks-0.19%
1 Month-1.99%
3 Month-16.79%
6 Month-15.06%
12 Month-15.31%
2 Year16.35%
3 Year1.14%
5 Year19.61%
10 Year67.86%
15 Year444.21%
Volatility
ATR(14)5.55
ATR(20)%2.34%
ATR Inc-60.92%
Range Today2.45
ADR(20)5.19
ADR(20)%2.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.15
Mansfield-1.58
10 Day High249.7
10 Day Low230.75
20 Day High256.5
20 Day Low230.75
52 Week High318.05
52 Week Low230.75
CS1 End239.44
CR1 Start241.5
Volume & EV
DER(3)-0.62%
DER(5)-0.37%
Volume161
Volume Incr6.53%
Vol(5)550.2
Vol(50)779.66