BIOMARIN PHARMACEUTICAL INC (BMRN) Stock Technical Analysis
NASDAQ:BMRN • US09061G1013
We assign a technical rating of 7 out of 10 to BMRN. In the last year, BMRN was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- BMRN has an average volume of 2445600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, BMRN turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
- BMRN is an average performer in the Biotechnology industry, it outperforms 54% of 523 stocks in the same industry.
- BMRN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so BMRN is lagging the market.
- In the last month BMRN has a been trading in the 54.06 - 60.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although BMRN has an excellent technical rating, the quality of the presented setup is not ideal 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
50.94
3 important support areas can be observed.
- A support zone ranging from 56.79 to 57.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @52.62 from a horizontal line in the daily time frame.
- A support zone ranging from 51.45 to 51.46. 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 61.16 to 61.93. 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 | NEUTRAL | NEUTRAL | The long term trend for BMRN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BMRN is up. |
| ChartMill Relative Strength | 44.24 | NEUTRAL | BMRN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BMRN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BMRN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of BMRN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.48 | NEUTRAL | The RSI value for BMRN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests BMRN has a positive trend. |
| Stochastics (14,3) | 81.35 | OVERBOUGHT | The high Stochastics value suggests BMRN may be overbought. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for BMRN suggests some volalility. |
| Average Directional Index/ADX (14) | 17.51 | NEGATIVE | The low ADX value for BMRN suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 60.80 | 56.78 | 4.02 (6.61%) | 15.12% |
| An entry @60.80. This is a Buy Stop order right above the 10 day high. | An exit @56.78. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.02 points, which is 6.61%. | When investing 15.12% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
NASDAQ:BMRN (2/12/2026, 9:49:51 AM)
58.195
-2.12 (-3.51%)
BIOMARIN PHARMACEUTICAL INC / BMRN FAQ
Can you provide the ChartMill technical rating for BIOMARIN PHARMACEUTICAL INC?
ChartMill assigns a technical rating of 7 / 10 to BMRN.
What is the trend direction for BMRN stock?
The current trend direction for BIOMARIN PHARMACEUTICAL INC (BMRN) is Bearish.
Can you provide the RSI signal for BIOMARIN PHARMACEUTICAL INC?
BIOMARIN PHARMACEUTICAL INC (BMRN) has an RSI value of 63.4758. This indicates that the stock is currently neutral.
What is the MACD signal for BIOMARIN PHARMACEUTICAL INC (BMRN) stock?
The MACD indicator for BIOMARIN PHARMACEUTICAL INC (BMRN) has a value of 0.300332, indicating a bearish trend.
What is the short term momentum for BIOMARIN PHARMACEUTICAL INC (BMRN) stock?
The short term momentum for BIOMARIN PHARMACEUTICAL INC (BMRN) is positive.