AMGEN INC (AMGN) Technical Analysis
NASDAQ:AMGN • US0311621009
Current stock price
349.92 USD
-1.56 (-0.44%)
At close:
349.92 USD
0 (0%)
After Hours:
AMGN Technical Rating and Analysis
Overall AMGN gets a technical rating of 5 out of 10. In the last year, AMGN was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month AMGN has a been trading in the 347.85 - 391.29 range, which is quite wide. It is currently trading near the lows of this range.
- AMGN has an average volume of 2790350 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- When comparing the performance of all stocks over the past year, AMGN turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
- AMGN is part of the Biotechnology industry. There are 518 other stocks in this industry, AMGN did better than 56% of them.
- AMGN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AMGN is lagging the market slightly.
AMGN Weekly and Daily overview Charts
AMGN Setup Rating and Analysis
AMGN has an average technical rating and it also does not offer a high 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.
More info and screens
AMGN Support and Resistance Analysis
263.20
392.05
When analyzing the support we can see 4 important areas.
- A support zone ranging from 349.91 to 349.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @277.46 from a trend line in the weekly time frame.
- Support @272.44 from a horizontal line in the daily time frame.
- Support @265.86 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 352.80 to 359.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 384.32 to 388.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
AMGN Technical Indicator Signal Analysis
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 AMGN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AMGN is down. |
| ChartMill Relative Strength | 69.69 | NEUTRAL | AMGN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AMGN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of AMGN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of AMGN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.68 | NEUTRAL | The RSI value for AMGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.17 | NEGATIVE | The MACD value suggests AMGN has a negative trend. |
| Stochastics (14,3) | 3.55 | OVERSOLD | The low Stochastics value suggests AMGN may be oversold. |
| Average True Range in percent/ATR (20) | 2.58 | MEDIUM VOLATILITY | The ATR as a percentage value for AMGN suggests some volalility. |
| Average Directional Index/ADX (14) | 19.27 | NEGATIVE | The low ADX value for AMGN suggests a weak or negative trend. |
AMGN Chart- and CandleStick Pattern Analysis
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)
AMGN Technicals: Chart, Performance Metrics, Trend & Indicators
349.92
-1.56 (-0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.44%
1 Week-4.86%
2 Weeks-4.81%
1 Month-6.81%
3 Month6.88%
6 Month22.6%
12 Month10.72%
2 Year23.07%
3 Year44.74%
5 Year40.64%
10 Year133.39%
15 Year554.67%
Volatility
ATR(14)9.6
ATR(20)%2.58%
ATR Inc-4.62%
Range Today8.47
ADR(20)8.57
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.69
3 months CRS82.24
6 months CRS88.6
Mansfield0.91
10 Day High380.14
10 Day Low347.85
20 Day High391.29
20 Day Low347.85
52 Week High391.29
52 Week Low261.43
CS1 End349.91
CR1 Start352.8
Volume & EV
DER(3)-2.28%
DER(5)-1.19%
Volume2.17M
Volume Incr-14.07%
Vol(5)2.20M
Vol(50)2.79M
AMGEN INC / AMGN TA FAQ
Can you provide the ChartMill technical rating for AMGEN INC?
ChartMill assigns a technical rating of 5 / 10 to AMGN.
What is the current trend direction of AMGEN INC (AMGN) stock?
The current trend direction for AMGEN INC (AMGN) is Bullish.
What is the RSI signal for AMGN stock?
AMGEN INC (AMGN) has an RSI value of 36.6805. This indicates that the stock is currently neutral.
Can you provide the MACD signal for AMGEN INC?
The MACD indicator for AMGEN INC (AMGN) has a value of -4.1677, indicating a bearish trend.
Can you provide the short term momentum for AMGEN INC?
The short term momentum for AMGEN INC (AMGN) is negative.