176.18 USD
+1.35 (+0.77%)
176.167 USD
-0.01 (-0.01%)
Overall BIIB gets a technical rating of 6 out of 10. 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.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, BIIB did better than 78% of all other stocks.
- BIIB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so BIIB is lagging the market slightly.
- BIIB has an average volume of 1969760 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 525 other stocks in this industry, BIIB did better than 66% of them.
- In the last month BIIB has a been trading in the 160.37 - 190.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
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.
More info and screens
157.85
189.51
3 important support areas can be observed.
- Support @167.37 from a trend line in the daily time frame.
- 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.
- Support @159.44 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 185.96 to 187.63. 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 BIIB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for BIIB is neutral. |
| ChartMill Relative Strength | 78.69 | POSITIVE | BIIB has a high relative strength, it outperformed 78.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of BIIB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BIIB is above 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) | 52.66 | NEUTRAL | The RSI value for BIIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests BIIB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.2 | NEUTRAL | The Stochastics value for BIIB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.1 | MEDIUM VOLATILITY | The ATR as a percentage value for BIIB suggests some volalility. |
| Average Directional Index/ADX (14) | 18.77 | NEGATIVE | The low ADX value for BIIB suggests a weak or negative 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)
176.18
+1.35 (+0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.77%
1 Week1.37%
2 Weeks4.06%
1 Month-0.12%
3 Month14.2%
6 Month33.52%
12 Month22.41%
2 Year-28.57%
3 Year-39.44%
5 Year-37.66%
10 Year-29.95%
15 Year192.15%
Volatility
ATR(14)5.43
ATR(20)%3.1%
ATR Inc-28.86%
Range Today3.69
ADR(20)5.44
ADR(20)%3.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.69
3 months CRS83.76
6 months CRS85.66
Mansfield1.03
10 Day High177.2
10 Day Low160.37
20 Day High190.2
20 Day Low160.37
52 Week High190.2
52 Week Low110.04
CS1 End167.37
CR1 Start185.96
Volume & EV
DER(3)-0.96%
DER(5)0.48%
Volume1.15M
Volume Incr-24.38%
Vol(5)1.10M
Vol(50)1.97M
BIOGEN INC / BIIB 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 52.663. 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 neutral.