BIOGEN INC (BIIB) Stock Technical Analysis
NASDAQ:BIIB - Nasdaq - US09062X1037 - Common Stock - Currency: USD
We assign a technical rating of 2 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.
When comparing the yearly performance of all stocks, BIIB is a bad performer in the overall market: 89% of all stocks are doing better.
BIIB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month BIIB has a been trading in the 121.05 - 137.84 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
BIIB has an average volume of 1444690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
BIIB is an average performer in the Biotechnology industry, it outperforms 47% of 556 stocks in the same industry.
BIIB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
112.25
136.86
When analyzing the support we can see 2 important areas.
- A support zone ranging from 128.83 to 129.58. 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 132.87 to 135.50. 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 | DOWN | NEGATIVE | The long term trend for BIIB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for BIIB is down. |
| ChartMill Relative Strength | 11.87 | NEGATIVE | BIIB has a low relative strength, it was outperformed by 88.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BIIB is above the rising 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) | DOWN | NEGATIVE | The current price of BIIB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.98 | NEUTRAL | The RSI value for BIIB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.81 | NEGATIVE | The MACD value suggests BIIB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.34 | OVERSOLD | The low Stochastics value suggests BIIB may be oversold. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for BIIB suggests some volalility. |
| Average Directional Index/ADX (14) | 15.91 | 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)
NASDAQ:BIIB (7/23/2025, 3:25:33 PM)
130.37
+2.52 (+1.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.97%
1 Week0.27%
2 Weeks-4.92%
1 Month2.48%
3 Month7.58%
6 Month-12.55%
12 Month-39.46%
2 Year-52.68%
3 Year-40.55%
5 Year-53.46%
10 Year-56.46%
15 Year148.39%
Volatility
ATR(14)4.02
ATR(20)%3.12%
ATR Inc13.92%
Range Today2.54
ADR(20)3.89
ADR(20)%2.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.87
Mansfield-2.34
10 Day High137.84
10 Day Low121.05
20 Day High137.84
20 Day Low121.05
52 Week High219.44
52 Week Low110.04
CS1 End115.17
CR1 Start128.83
Volume & EV
DER(3)1.49%
DER(5)1.63%
Volume653.35K
Volume Incr4.98%
Vol(5)1.33M
Vol(50)1.44M