BIOGEN INC (BIIB) Stock Technical Analysis
NASDAQ:BIIB - Nasdaq - US09062X1037 - Common Stock - Currency: USD
Overall BIIB gets a technical rating of 2 out of 10. In the past year, BIIB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, BIIB is a bad performer in the overall market: 84% of all stocks are doing better.
BIIB is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BIIB is lagging the market.
In the last month BIIB has a been trading in the 115.25 - 131.13 range, which is quite wide. It is currently trading near the high of this range.
BIIB has an average volume of 1752280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
BIIB is part of the Biotechnology industry. There are 561 other stocks in this industry, BIIB did better than 57% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of BIIB is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
112.25
184.93
When analyzing the support we can see 2 important areas.
- A support zone ranging from 129.34 to 129.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 113.38 to 115.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 130.56 to 130.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @140.31 from a trend line in the daily time frame.
- 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 @183.10 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
CRS16.18
Mansfield-2.67
10 Day High131.13
10 Day Low115.25
20 Day High131.13
20 Day Low115.25
52 Week High238
52 Week Low110.04
Performance
1 Week6%
2 Weeks11.75%
1 Month9.81%
3 Month-7.17%
6 Month-17.32%
12 Month-40.06%
2 Year-55.96%
3 Year-34.72%
5 Year-57.49%
10 Year-64.3%
15 Year198.82%
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)1.69
RSI(14)61.8
LBB114.29
UBB130.58
130.55
+1.11 (+0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.86%
1 Week6%
2 Weeks11.75%
1 Month9.81%
3 Month-7.17%
6 Month-17.32%
12 Month-40.06%
2 Year-55.96%
3 Year-34.72%
5 Year-57.49%
10 Year-64.3%
15 Year198.82%
Volatility
ATR(14)3.88
ATR(20)%2.81%
ATR Inc-11.13%
Range Today2.31
ADR(20)3.61
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.18
Mansfield-2.67
10 Day High131.13
10 Day Low115.25
20 Day High131.13
20 Day Low115.25
52 Week High238
52 Week Low110.04
CS1 End129.36
CR1 Start130.56
Volume & EV
DER(3)1.72%
DER(5)2.73%
Volume1.68M
Volume Incr17.72%
Vol(5)1.86M
Vol(50)1.75M