BIOGEN INC (BIIB) Technical Analysis
NASDAQ:BIIB • US09062X1037
Current stock price
BIIB Technical Rating and Analysis
Taking everything into account, BIIB scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month BIIB has a been trading in the 180.48 - 198.72 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that BIIB is one of the better performing stocks in the market, outperforming 80% of all stocks.
- BIIB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so BIIB is performing more or less in line with the market.
- BIIB has an average volume of 1344840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- BIIB is part of the Biotechnology industry. There are 518 other stocks in this industry, BIIB did better than 62% of them.
BIIB Weekly and Daily overview Charts
BIIB Setup Rating and Analysis
Although the technical rating is only medium, BIIB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 179.53, a Stop Loss order could be placed below this zone.
More info and screens
BIIB Support and Resistance Analysis
162.77
We found 2 important support areas.
- A support zone ranging from 178.07 to 182.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 164.41 to 164.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 184.40 to 188.28. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 198.99 to 201.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
BIIB 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 BIIB is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BIIB is down. |
| ChartMill Relative Strength | 80.11 | POSITIVE | BIIB has a high relative strength, it outperformed 80.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of BIIB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of BIIB is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of BIIB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.71 | NEUTRAL | The RSI value for BIIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.11 | NEGATIVE | The MACD value suggests BIIB has a negative trend. |
| Stochastics (14,3) | 20.71 | NEUTRAL | The Stochastics value for BIIB is a neutral value. |
| Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for BIIB suggests some volalility. |
| Average Directional Index/ADX (14) | 12.97 | NEGATIVE | The low ADX value for BIIB suggests a weak or negative trend. |
BIIB Chart- and CandleStick Pattern Analysis
BIIB Example Setup
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 |
|---|---|---|---|
| 188.29 | 180.47 | 7.82 (4.15%) | 24.08% |
| An entry @188.29. This is a Buy Stop order right above the resistance zone. | An exit @180.47. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 7.82 points, which is 4.15%. | For a 1.00% total portfolio risk, you can invest 24.08% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of BIIB. 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.
BIIB Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:BIIB (3/19/2026, 3:38:57 PM)
184.23
+1.92 (+1.05%)
BIOGEN INC / BIIB TA FAQ
Can you provide the ChartMill technical rating for BIOGEN INC?
ChartMill assigns a technical rating of 6 / 10 to BIIB.
What is the current trend direction of BIOGEN INC (BIIB) stock?
The current trend direction for BIOGEN INC (BIIB) is Bullish.
What is the RSI signal for BIOGEN INC (BIIB) stock?
BIOGEN INC (BIIB) has an RSI value of 44.713. This indicates that the stock is currently neutral.
Can you provide the short term momentum for BIOGEN INC?
The short term momentum for BIOGEN INC (BIIB) is negative.
Can you provide the buy/sell signal for BIOGEN INC?
The buy/sell signal for BIOGEN INC (BIIB) is hold as the short term and long term trends are mixed.