We assign a technical rating of 10 out of 10 to AMGN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, AMGN is showing a nice and steady performance.
AMGN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 344.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 344.56, 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
258.61
When analyzing the support we can see 6 important areas.
- A support zone ranging from 334.29 to 339.44. 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 311.14 to 311.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @295.30 from a horizontal line in the daily time frame.
- A support zone ranging from 272.44 to 275.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @267.28 from a horizontal line in the weekly time frame.
- Support @261.22 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 344.56 to 344.58. 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 | UP | POSITIVE | The long term trend for AMGN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for AMGN is up. |
| ChartMill Relative Strength | 85.71 | POSITIVE | AMGN has a high relative strength, it outperformed 85.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of AMGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of AMGN is above 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) | 70.84 | OVERBOUGHT | The high RSI value suggests AMGN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests AMGN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.14 | OVERBOUGHT | The high Stochastics value suggests AMGN may be overbought. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for AMGN suggests some volalility. |
| Average Directional Index/ADX (14) | 42.69 | POSITIVE | The high ADX value value for AMGN suggests a strong trend. |
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 |
|---|---|---|---|
| 344.59 | 334.28 | 10.31 (2.99%) | 25.00% |
| An entry @344.59. This is a Buy Stop order right above the resistance zone. | An exit @334.28. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 10.31 points, which is 2.99%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.75%. |
- The distance between exit and entry is rather small compared to the average daily movement of AMGN. Please evaluate whether better entry and exit points can be found.
- 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.
NASDAQ:AMGN (11/28/2025, 10:03:06 AM)
342.99
-1.58 (-0.46%)
AMGEN INC / AMGN FAQ
Can you provide the ChartMill technical rating for AMGEN INC?
ChartMill assigns a technical rating of 10 / 10 to AMGN.
Can you provide the trend direction for AMGEN INC?
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 70.8383. This indicates that the stock is currently overbought.
What is the short term momentum for AMGEN INC (AMGN) stock?
The short term momentum for AMGEN INC (AMGN) is positive.
What are the support and resistance levels for AMGEN INC (AMGN) stock?
AMGEN INC (AMGN) has a support level at 344.56 and a resistance level at 344.58. Check the full technical report for our detailed analysis of AMGN support and resistance levels.