BIOGEN INC (BIIB) Stock Technical Analysis
NASDAQ:BIIB - Nasdaq - US09062X1037 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to BIIB. BIIB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
81% of all other stocks performed better in the past year than BIIB.
BIIB is currently trading near the lower end of its 52 week range, which is not a good sign. But, the S&P500 Index is also trading in the lower part of its yearly range, so BIIB is not an exception.
BIIB is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
BIIB has an average volume of 1813570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BIIB is part of the Biotechnology industry. There are 568 other stocks in this industry, BIIB did better than 61% of them.
BIIB has a poor technical rating and the quality of the setup is also not perfect 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
112.25
190.16
We found 1 important support area.
- A support zone ranging from 113.38 to 115.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 117.54 to 118.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @131.39 from a trend line in the daily time frame.
- A resistance zone ranging from 135.38 to 136.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @148.76 from a horizontal line in the daily time frame.
- Resistance @153.27 from a horizontal line in the daily time frame.
- Resistance @188.28 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.55
Mansfield-2.97
10 Day High129.95
10 Day Low110.04
20 Day High144.15
20 Day Low110.04
52 Week High238
52 Week Low110.04
Performance
1 Week4.61%
2 Weeks-9.26%
1 Month-16.11%
3 Month-15.61%
6 Month-37.63%
12 Month-38.98%
2 Year-61.01%
3 Year-42.82%
5 Year-60.04%
10 Year-65.56%
15 Year141.64%
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)
Technical Indicators
MACD(12,26,9)-0.68
RSI(14)38.12
LBB107.07
UBB136.69
NASDAQ:BIIB (4/21/2025, 3:58:04 PM)
116.63
-1.98 (-1.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.67%
1 Week4.61%
2 Weeks-9.26%
1 Month-16.11%
3 Month-15.61%
6 Month-37.63%
12 Month-38.98%
2 Year-61.01%
3 Year-42.82%
5 Year-60.04%
10 Year-65.56%
15 Year141.64%
Volatility
ATR(14)5.81
ATR(20)%4.31%
ATR Inc-38.66%
Range Today3.17
ADR(20)4.96
ADR(20)%4.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.55
Mansfield-2.97
10 Day High129.95
10 Day Low110.04
20 Day High144.15
20 Day Low110.04
52 Week High238
52 Week Low110.04
CS1 End115.17
CR1 Start131.39
Volume & EV
DER(3)-0.74%
DER(5)0.16%
Volume852.58K
Volume Incr-27.02%
Vol(5)1.38M
Vol(50)1.81M